Jack Chambers (Dublin West, Fianna Fail) | Oireachtas source

I thank Deputy Smith. The reason we are putting €1 billion into Irish Water, in additional funding for 2025, is to support many of the schemes where there have been funding constraints. I do not have the specific operational plan here with me but we set out clearly is that €1 billion is to ensure that Irish Water can move on many of the projects across the country where there have been concerns about its ability to deliver. This is only the start. We have said that the proceeds of future AIB share sales will be prioritised in housing, water and our grid infrastructure and we have a separate process with the windfall receipts we received to prioritise water infrastructure as well. Through that process, Irish Water will be able to scale the delivery of many schemes right across the country as water infrastructure is key to the wider delivery of housing. I will ask the Minister, Deputy O'Brien, to provide further details on the company's operational plans.

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