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Dublin: 12°C Tuesday 21 September 2021
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The €39bn capital programme: what's in and what's out

Some rail projects are dropped but other motorways will be finished.

Work on the Western Rail Corridor will be put on hold.

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

About the author:

Gavan Reilly

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