The Government have a two pronged strategy for achieving reductions in transport costs: a major upgrading of transport infrastructure, fully integrated with mainland European transport arteries and the development of a flexible and appropriate regulatory framework to maximise competitiveness and efficiency.
Almost £900 million is being invested under the Operational Programme for Peripherality over the five year period 1989-93, jointly funded from EC and national resources. The investment is in the development of primary roads, particularly the Euro-routes; in airports; sea ports and public transport. The result in terms of improved efficiency, and shorter journey times, will undoubtedly impact favourably on transport costs to Irish exporters. The Belfast-Dublin-Cork rail lines have been included in plans at Commission level for future combined European networks. The Irish authorities are also currently pressing, both bilaterally and at EC level, for improvements in the quality of the rail link between Holyhead and Crewe in the UK to ensure expeditious inter-linking with the Channel Tunnel.
I am, of course, still actively pressing Ireland's case for EC aid for investments in sea links to mainland Europe, an area not currently covered by the Community Structural Funds.