Written answers

Thursday, 29 May 2025

Department of Public Expenditure and Reform

Capital Expenditure Programme

Photo of Joe NevilleJoe Neville (Kildare North, Fine Gael)
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140. To ask the Minister for Public Expenditure and Reform the amount of capital that will be made available, and when, to ensure that major infrastructure projects are delivered under the National Development Plan, the review of which is to be completed in July; and if he will make a statement on the matter. [28259/25]

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail)
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The Review of the National Development Plan (NDP) will allocate funding to update capital expenditure ceilings out to 2035. The Review will encompass all public capital investment to 2035 and allocate the funds arising from the Apple Escrow account, the proceeds of bank share sales as well as funding from the Infrastructure, Climate and Nature Fund.

In total, around €97 billion in capital funding will be allocated until 2030, which reflects an almost €20 billion increase from current NDP ceilings. In allocating funding, Government will be required to make decisions on strategic project selection and prioritisation, to align with national priorities and make the maximum use of State resources.

Prioritisation of the available funding is necessary to deliver on the ambition of the Review to provide the supporting infrastructure to enable the delivery of 300,000 additional homes by 2030 and to boost our competitiveness.

Aligned with that vision, the Programme for Government lists critical priorities to improve our infrastructure through the review of the National Development Plan. These are: housing, energy, water, transport and health digitalisation. Prioritisation will therefore focus on the funding requirements in these critical priority areas to support the focus of the Review.

All sectors seeking funding will be required to demonstrate:

  1. The underlying sectoral strategy, drivers of demand and estimates for existing 2025 and 2026 funding;
  2. Key deliverables in the next two years, including projects and programmes where implementation is imminent; and
  3. Projects and programmes to be reprioritised so as to allow for additional efficiencies to support Programme for Government delivery.
The priority sectors of housing, energy, water, transport and health will also be required to submit an adjusted investment plan to deliver on the key urgent housing and competitiveness targets with evidence of projects’ deliverability over the period of the Review.

Decisions on funding allocations to particular sectors and the sequencing of that investment will therefore be taken on the basis of evidence provided by spending departments on capacity to deliver, in alignment with the review priorities.

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