Seanad debates

Wednesday, 21 May 2003

Strategic Rail Review Report: Statements.

 

I am pleased that the Government has agreed to my proposal that many aspects of the 20 year strategy would be brought forward immediately. The Government is currently investing €400 million the rail service. In the past five years, approximately €1.5 billion has been invested. I am pleased to inform the House that the budget for the next five years is also approximately €400 million per annum. This amounts to an investment of approximately €3 billion over ten years. We are doing this because we believe in railways. I am a great believer in developing the railway system. Some Senators, including Senator Mansergh, will recall my electioneering and campaigning for the reopening of the Harcourt Street line.

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