Joan Burton (Dublin West, Labour)
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Question 332: To ask the Minister for Transport the cost of the Luas extension to Cherrywood; when he will publish the cost benefit analysis of this public investment; and if he will make a statement on the matter. [39630/08]

Noel Dempsey (Meath West, Fianna Fail)
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The current estimated cost (excluding VAT) of the Luas extension to Cherrywood is €319m. The cost of delivering the project is being met by a combination of Exchequer funding, contributions from private developers and levy income under a scheme adopted by Dun Laoghaire Rathdown County Council pursuant to section 49 of the Planning and Development Act 2000.

The cost benefit analysis presented to the Public Inquiry by the RPA for this project is available on my Department's T21 website (www.transport21.ie/publications/ freedomofinformation). Good progress is being made on the construction of this extension which is scheduled for completion by the end of 2010.