Written answers

Thursday, 3 April 2025

Department of Public Expenditure and Reform

Capital Expenditure Programme

Photo of Malcolm ByrneMalcolm Byrne (Wicklow-Wexford, Fianna Fail)
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140. To ask the Minister for Public Expenditure and Reform his assessment of the additional financial resources required for strategic infrastructure investment between now and 2030; and if he will make a statement on the matter. [15979/25]

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail)
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The Programme for Government sets out the clear ambition to prioritise the delivery of transformative, critical and growth-enhancing infrastructure over the next 5 years. To deliver on these objectives, my Department is leading a Review of the National Development Plan, which will cover all public capital investment from 2026 to 2035 and encompass both Exchequer and non-Exchequer sources of funding. Non-Exchequer funding includes funds from the decision of the Court of Justice of the European Union regarding the Apple Escrow account, the Infrastructure, Climate and Nature Fund and proceeds of bank share sales. The Review will determine the quantum of financial resources required to deliver on the Government's objective of infrastructure prioritisation to enhance our economic infrastructure and competitiveness, and channel public investment to priority areas identified in the Programme for Government, notably housing delivery, water, energy, transport and health digitalisation. Departments will be required to manage and find efficiencies within existing levels of provision, and demonstrate in their proposals evidence of value for money and capacity to deliver. The allocation of resources as part of the Review will be subject to, inter alia, the level of funding available and the requirement for fiscal sustainability.

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