Written answers
Wednesday, 6 April 2016
Department of Public Expenditure and Reform
Capital Expenditure Programme
Pearse Doherty (Donegal, Sinn Fein)
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211. To ask the Minister for Public Expenditure and Reform for a breakdown of the €27 billion Exchequer component of his expenditure proposal contained in the Infrastructure and Capital Investment Plan 2016 to 2021. [6007/16]
Brendan Howlin (Wexford, Labour)
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The breakdown of the Exchequer Capital Investment is outlined in Table 1 on page 21 of the capital plan publication "Building on Recovery: Infrastructure and Capital Investment 2016-2021". Any queries on the specific projects/programmes to be funded from within these allocations are a matter for the relevant Minister/Department.
Pearse Doherty (Donegal, Sinn Fein)
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212. To ask the Minister for Public Expenditure and Reform for a breakdown of the €14.5 billion non-Exchequer component of his expenditure proposal contained in the Infrastructure and Capital Investment Plan 2016 to 2021; and the details of the form of funding and the lender or lenders he envisages for this figure. [6008/16]
Brendan Howlin (Wexford, Labour)
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Non-Exchequer investment constitutes investment by commercial and some non-commercial state entities. The breakdown of the €14.5 billion non-Exchequer component of the Capital Plan is set out in the following table:
Non-Exchequer Semi-state Funding
| - | Sector | €billion |
|---|---|---|
| Commercial | Water | 4.00 |
| Energy Network Infrastructure (Gas & Electricity) | 4.00 | |
| Energy Generation | 1.75 | |
| Smart Metering | 0.50 | |
| Transport (including ports and airports) | 0.70 | |
| Other commercial (including Coillte, Bord na Mona, An Post, RTE, National Stud, Bord na gCon) | 0.95 | |
| Non-commercial | Housing (including Local Authority and Social Housing/Housing Finance Agency) | 2.20 |
| Enterprise Ireland | 0.25 | |
| Other non-commercial (IDA, Environmental Services, inland Fisheries, OSI, Teagasc, Udaras, IFB) | 0.20 | |
| Total | 14.55 |
The Deputy will appreciate that specific details of the investments for these bodies including in relation to funding arrangements are, in many cases, subject to considerations of commercial sensitivity. However, in overall terms it is expected that these investments will be funded by internally generated cashflow and external borrowings by the bodies involved. In the case of the capital programme for Irish Water, a mixture of Government equity/capital contributions and external finance is envisaged.
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