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Dáil Éireann debate -
Wednesday, 30 Oct 1996

Vol. 470 No. 7

Written Answers. - Luas Light Rail Project.

Eoin Ryan

Question:

75 Mr. E. Ryan asked the Minister for Finance the total expected expenditure on Luas; the amount of such expenditure which will accrue to the State in VAT; and if he will make a statement on the matter. [19840/96]

The Government has agreed a ceiling of £220 million for the capital cost of implementing the first phase of the Luas project encompassing the construction of two light rail lines. The estimate contains a provision of £29 million in respect of VAT payments.

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