Written answers

Tuesday, 22 September 2015

Department of Public Expenditure and Reform

EU Funding

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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424. To ask the Minister for Public Expenditure and Reform if the planned Cork Events Centre was included on the list of projects sent to the European Commission for consideration under the €315-billion investment plan proposed by Commission President Jean-Claude Juncker; if additional funding is being sought from the European Investment Plan for the Cork Events Centre or if it is proposed that the investment plan would underwrite private sector investment in the project; and if he will make a statement on the matter. [31392/15]

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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The Cork Event Centre project was included in the Exchequer Stimulus package announced in Budget 2014.  The project is being part funded from the proceeds of the National Lottery Licence transaction with an Exchequer grant of €12m being provided through the Department of Arts, Heritage and the Gaeltacht.

The project featured on the initial Irish project list submitted to the EU/EIB Task Force last year, as part of an exercise to gauge the level of projects that might be available in the period 2015-2017, should investment resources be found.  However, the project list submitted outlined only a cross section of available projects that could commence in this period. It did not involve any form of prioritisation, nor did it bestow any special status on the projects included on the list.

It is a matter for the relevant line Departments concerned to advance these, or other, projects in accordance with their Capital programme and their overall spending priorities.  Any further queries in relation to this particular project should be addressed to my colleague, the Minister for Arts, Heritage and the Gaeltacht. 

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