Written answers

Thursday, 10 April 2014

Department of Public Expenditure and Reform

Sale of State Assets

Photo of Jonathan O'BrienJonathan O'Brien (Cork North Central, Sinn Fein)
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28. To ask the Minister for Public Expenditure and Reform if he will report on the investment of proceeds from the sale of the national lottery in the development of the new National Children's Hospital; and if he will make a statement on the matter. [16774/14]

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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In February of this year, I granted the next licence to operate the National Lottery to Premier Lotteries Ireland delivering €405 million to the Irish citizen. As I announced in Budget 2014, half of the proceeds from the Lottery licence transaction will be used to help fund a number of job rich projects across the country. These include the Wild Atlantic Way Driving Route, 1916 Commemoration Projects and a new National Indoor Training Arena at the National Sport Campus, amongst others.

The other half of the proceeds, which will be received in a second instalment towards the end of the year, will be ringfenced and used to help fund the construction of the new National Children's Hospital - the largest, most complex and significant capital investment project ever undertaken in healthcare in Ireland.

The National Paediatric Hospital Development Board is responsible for this priority capital project, and is focused on delivering the new hospital on schedule, to optimal design and value for money. While it is too soon to say exactly when the Lottery Licence proceeds earmarked for this project will be required, it is expected that it would be during the construction phase which will commence in August 2015.

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