Joe McHugh (Donegal North East, Fine Gael)
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Question 276: To ask the Minister for Transport the criteria he used to determine the viability of the Cork-Dublin railway line; the amount the project cost; the breakdown of where the funding was sourced; and if he will make a statement on the matter. [4718/08]

Noel Dempsey (Meath West, Fianna Fail)
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The Department of Finance Guidelines on the Appraisal and Management of Capital Expenditure and Value for Money provide the framework and criteria for the evaluation of railway upgrade projects. The Strategic Rail Review carried out in 2003 endorsed the viability of the overall railway network including the Cork-Dublin railway. In addition the most recent major investment on this route, the introduction in 2006 of 67 new intercity railcars at a cost of €117M, was evaluated in accordance with the Department of Finance Guidelines.