Written answers
Tuesday, 14 July 2020
Department of Transport, Tourism and Sport
Airport Development Projects
David Cullinane (Waterford, Sinn Fein)
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250. To ask the Minister for Transport, Tourism and Sport if funding previously committed to for extending the runway at Waterford Airport has been released; and if he will make a statement on the matter. [15644/20]
Eamon Ryan (Dublin Bay South, Green Party)
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As the Deputy may be aware, in June 2019, the Government gave approval, in principle, to contributing €5 million in Exchequer funding towards a €12 million runway extension project at Waterford Airport.
The model of funding put forward by Waterford Airport in respect of this project was new - private and local authority interests have committed to investing the balance of the cost, which is estimated to be €7 million. As a result, certain conditions were attached to the Government's support. One condition specified that the Exchequer contribution would only be made when all of the upgrade works are completed and the runway is confirmed to be ready for service by the Irish Aviation Authority.
As the project has not been completed to date, no funding has been released to the Airport.
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