In 1998 I approved a total grant of £5 million approved for infrastructural works at regional airports. Of this total, £3.144 million was carried forward to 1999. Waterford Regional Airport received a grant of £375,000 for the period 1998-99 in respect of a £500,000 runway improvement project and other developments. To date £366,000 of the grant has been paid out and the project is largely completed.
A further application for financial assistance was received from Waterford airport on 25 May 1999, in respect of a proposed extension of their runway at a cost of £6 million, with additional marketing funding also involved. That application is being considered in my Department at present.