Seanad debates

Wednesday, 21 May 2003

Strategic Rail Review Report: Statements.

 

My Department and the company will now set about establishing a long-term framework for investment and financing in light of the need for enhanced revenue and reduced cost per passenger kilometre and the need to: promote service integration to encourage a modal use, particularly in urban areas; establish the rail freight business as a separate entity within Iarnród Éireann; and explore the scope for greater joint ventures and greater private sector participation in the area of rail freight in particular. I have asked Iarnród Éireann to come forward in the coming weeks with a plan for a freight business based on these recommendations and to take particular account of the European Union Transport Council directive, which requires the opening up of access to the rail freight market to international services by 2006 and to domestic services by 2008.

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