Brian Stanley (Laois, Independent)
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46. To ask the Minister for Finance the proportion of finance received from the sale of bank shares by the State that will be used for critical infrastructure such as water services and other essential services; and if he will make a statement on the matter. [16082/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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As part of Budget 2025 in October last it was announced that the disposal of part of the State’s shareholding in AIB had presented the Government with an opportunity to allocate €3 billion of additional funding towards capital spending on housing, water and the electricity grid over the coming years.

€1 billion has been provided to Uisce Éireann for capital investment works to be carried out across the country over the period 2025-2028. To support an acceleration in the supply of new homes a further allocation of €1.25 billion was made available to the Land Development Agency (LDA). €750 million was allocated to facilitate an initial, direct equity injection to support capital spending on the further development of the electricity grid infrastructure.

As regards the use of the proceeds, the current Programme for Government includes an early review of the National Development Plan to be completed by July 2025. The review of the National Development Plan will encompass all public capital investment, utilising all State funds, including the Apple Escrow monies.

This is expected to support increased capital investment in housing, energy, water and transport. The NDP review is a matter for my colleague Mr. Jack Chambers TD Minister for Public Expenditure, NDP Delivery and Reform.