Written answers

Tuesday, 16 July 2013

Department of Public Expenditure and Reform

Public Private Partnerships Data

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)
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437. To ask the Minister for Public Expenditure and Reform if he will provide in tabular form details of the international banks that invested in the Irish public private partnership market each year between 2000 and 2012. [35456/13]

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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I am informed by the National Development Finance Agency (NDFA) who are the State’s centre of expertise for the specialist procurement of PPP projects, that the International debt funders (at closing) in Irish PPPs to date are as follows:

ProjectFC DateInternational Debt Funders
National Maritime College
2003
European Investment Bank (EIB), Bank of Scotland
5 Schools PPP Pilot
2003
Barclays
N4 N6 Kilcock Kinnegad
2003
EIB, Banco Bilbao Vizcaya Argentaria (BBVA), Santander
M1 Dundalk Western Bypass
2004
EIB, Societe Generale, Depfa, Kaun Banega Crorepati (KBC)
M8 Rathcormac Fermoy Bypass
2004
EIB, Internationale Nederlanden Groep (ING), KBC
Cork School of Music
2005
Barclays
N25 Waterford Bypass
2006
EIB, BBVA, Santander
N7 Limerick Southern Ring
2006
EIB, Halifax Bank of Scotland (HBOS), Meridiam
Courts of Criminal Justice
2007
KBC
Convention Centre Dublin
2007
Depfa, Barclays
M3 Clonee Kells
2007
BBVA, Santander, Credit Agricole
N6 Galway to East Ballinasloe
2007
EIB, Banesto, Fortis, MedioCredito Centrale (MCC), Royal Bank of Scotland (RBS)
M50 Upgrade
2007
EIB, La Caixa, Fortis, MCC, RBS
M7 M8 Portlaoise Castletown Culahill
2007
EIB, Societe Generale, ING
Schools Bundle 2
2010
EIB, Nationale Investeringsbank Capital (NIBC)
Schools Bundle 3
2012
EIB
N11 Arklow Rathnew
2013
EIB

Our domestic banks would also have been involved in the funding of these projects.

Details of funders for individual transport projects are available on the National Roads Authority website: http://www.nra.ie/PublicPrivatePartnership/FinancialInformationonContractsAwarded.

Details of funders for individual accommodation projects is published in the presentation ‘Sourcing Funding Capital – Innovative ways to finance infrastructure development’ which is available on the NDFA website: www.ndfa.ie/TenderCompetitions/MarketUpdates.

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)
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438. To ask the Minister for Public Expenditure and Reform if there is a central record of all public private partnerships, including those at a planning stage or those deferred or cancelled, with information on associated costs to date; work undertaken to date and work required to completion. [35457/13]

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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A list of all Public Private Partnership projects currently under contract is published on the PPP website www.ppp.gov.ie/ppp-projects. Details of associated costs to date and nominal value of remaining PPP payments are included. The PPP website also contains details of PPP projects which are being planned.

Further information, including details of the competitive process for individual PPP projects and the indicative timeframe for these is available on the website of the National Development Finance Agency, the State’s centre of expertise for the specialist procurement of PPP projects: www.ndfa.ie/TenderCompetitions/projects.htm.

The Comptroller and Auditor General also includes a chapter ‘Financial Commitments under Public Private Partnerships’ in his annual report each year which also give details of expenditure to date on PPP projects. The 2011 C&AG chapter included details of expenditure associated with deferred projects.

In line with the normal division of responsibilities in relation to expenditure, my Department has responsibility for setting the overall policy approach for Public Private Partnership projects, while the details of the actual projects is a matter for the relevant Ministers and their Departments and agencies.

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