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Transport21.ie
Work on the Western Rail Corridor will be put on hold.
# In Numbers
The €39bn capital programme: what's in and what's out
Some rail projects are dropped but other motorways will be finished.
THE GOVERNMENT earlier officially published it’s €39.43bn programme for capital expenditure and investment over the next six years.
The 131-page document (PDF link) is heavy reading – so here’s our handy takeaway stats.
- Every €1m of investment is expected to generate between 8 and 12 jobs – meaning the entire investment will create between 315,000 and 475,000 posts over six years
- The Department of Transport will get the lion’s share of the fund with €12.17bn – or about 32.3% – of the investment.
- The Deprtment of Environment, Heritage and Local Government also does well, with €8.5bn (22.7%) of the cash.
- The other departments to do well are:
- Education and Skills (€4.2bn / 11.2%),
- Enterprise, Trade and Innovation (€3.79bn / 10.0%)
- Health & Children (€2.89bn / 2.2%).
- The transport projects being prioritised are the ‘Major Inter Urban-Routes’ – motorways between Dublin and Cork, Limerick, Galway and Waterford, the N11 and the Atlantic Route Corridor
- The Metro North is saved, as is the Luas Interconnector route – the report says they were an important part of the Programme for Government
- The Dublin-Navan rail link and the Western Rail Corridor, connecting Tuam to Claremorris, are on hold
- In health, the priorities include a new children’s hospital, a new cardiac and renal unit in Cork, and the redevelopment of the Mater
- In education, €3bn will do on upgrading primary and secondary schools, with €650 in third level
- Tender values are about 30% down on their peak, meaning that the money will go further than it would have a few years ago
