Dáil Éireann Debate, Tuesday - 8 July 2025
348. Deputy Roderic O'Gorman asked the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation whether an indicative allocation of the final tranche of money raised from AIB share sales will be made and announced as part of the NDP Review; the amount this will be; and if he will make a statement on the matter. [37641/25]
View answerRecognising that delivery of essential infrastructure is a key driver in attracting and retaining investment in Ireland, growing our economy, fostering regional development, delivering on our housing targets and achieving our ambitious climate goals, Government has prioritised an early review of the National Development Plan, to be published in July.
The NDP Review will update capital expenditure ceilings to 2035 and will draw on Exchequer and non-Exchequer sources of funding: including the proceeds of bank share sales, the funds arising from the decision of the Court of Justice of the European Union regarding the Apple escrow account, as well as funds from the Infrastructure, Climate and Nature Fund.
The proceeds of bank share sales will therefore form part of the total funding available as part of the Review along with the remaining non-Exchequer and Exchequer funding. This funding will be used to support the aim of the Review to update capital expenditure ceilings to 2035 and in doing so, to improve our infrastructure, particularly, water, energy, and transport in support of our housing and competitiveness objectives. The Minister for Finance will be able to provide further information on the total amount of funding raised from bank share sales that will be made available for infrastructure investment.
