Seanad debates
Tuesday, 17 December 2002
National Development Finance Agency Bill, 2002: Second Stage.
My party is not opposed in principle to public private partnerships though it has been more sceptical than other parties, and rightly so. It has drawn on the experience of PFI in Britain to justify its scepticism. To cut to the bottom line, PPPs should not be used in areas where it would be inappropriate to introduce a profit motive and where there is not, as Senator Phelan rightly put it, an appropriate income stream. However, I have no problem with hard tolls, for example. They might not be appropriate in every case but I would have no difficulty, to avoid the pleasure of seeing too much of Cashel or Fermoy on the way to our second city, if I was required to pay a few euro extra. That needs to be decided on a case by case basis and I oppose the use of hard tolls on the M50 or city bypasses, for example, as people should be encouraged to use such roads and there should not be barriers to that. I have no problem with PPPs where there is a clearly defined income stream. However, to introduce a profit motive into the health service, even by the back door, is very difficult.
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