I propose to take Questions Nos. 12, 22 and 23 together.
Arising from the consultant's report on the Dublin-Belfast line, which was commissioned by my Department, the Northern Ireland Authorities and the European Commission, the Irish and British Governments announced approval for the upgrading of the line at the recent meeting of the Anglo-Irish Conference.
The project will involve investment of IR£73 million and will be completed within five years. It is expected that preparatory work in connection with the project will commence shortly. The total cost of the works on the southern side of the Border amounts to over IR£42 million. The European Community will fund 75 per cent of the cost of the work on the southern side with the balance being financed by Iarnród Éireann from their own resources.
The project involves the upgrading of track and signalling and the provision of new rolling stock to enhance the quality of services on the line. The line will be upgraded to permit speeds of 145 kilometres per hour — 90 mph — which will reduce the journey time between Dublin and Belfast by up to 20 minutes. When the project is completed it is envisaged that eight trains per day in each direction will be operated on the line.