Dáil Éireann Debate, Thursday - 11 December 2025
70. Deputy Edward Timmins asked the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation the measures to support long term funding guarantees on capital infrastructure projects; and if he will make a statement on the matter. [70824/25]
View answerAs part of the NDP Review 2025, Government set out annual sectoral allocations for 2026 to 2030, and overall Government capital expenditure ceilings to 2035. This leads to a total public capital investment of €275.4 billion over the period to 2035. This comprises €202.4 billion in Exchequer Voted capital expenditure from 2026 to 2035.
Of this, €102.4 billion is being allocated for the next five years – an additional €23.9 billion on what was previously allocated in the NDP. A further €10 billion in equity and fund releases is being provided for mega-projects in water, energy and transport. This brings the total additional capital investment to €33.9 billion for the period to 2030.
The agreement of five-year annual sectoral allocations provides multiyear certainty to departments as to their level of capital funding over the next five years. This multiyear certainty has enabled departments to plan for the delivery of their capital investment priorities through to 2030. It also provides visibility on the investment pipeline to enable construction firms to scale capacity and prepare commercial bids to deliver on the planned investment.
In addition, the provision of €10 billion in equity and fund releases to fund strategic megaprojects in the water, energy and transport sectors provides certainty regarding the pipeline of investment in these critical sectors through a ring-fenced funding mechanism outside of the core exchequer gross voted capital allocations.
Responsibility for the prioritisation, management and delivery of individual investment projects within the agreed NDP allocations, rests with the individual sponsoring Department in each case. Information on the individual capital projects to be prioritised in each sector is available in the sectoral investment plans, which are being published by each department through November and December. These plans set out the capital projects being prioritised for delivery by department across 2026 to 2030.
Question No. 71 answered with Question No. 69.
