Written answers
Tuesday, 12 April 2011
Department of Finance
Public Private Partnerships
9:00 pm
Timmy Dooley (Clare, Fianna Fail)
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Question 137: To ask the Minister for Finance if any concerns have been raised with him regarding the inability of contractors to raise suitable funding for public private partnership projects resulting from concerns about Ireland's sovereign debt. [7651/11]
Michael Noonan (Limerick City, Fine Gael)
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There are some difficulties in the PPP funding market at present, resulting in a reduction in the number of banks participating in the market. Reflecting this, the Government has taken a number of steps to improve the market for PPPs and projects should be able to secure funding on a value for money basis.
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