The Limerick-Clonmel-Rosslare railway line does not qualify under EU regulations for assistance under the EU Cohesion Fund as it is not included in the trans-European network of conventional rail.
However, under the operational programme for transport 1994-99, an EU Structural Funds assisted investment programme of up to IR£60 million will be undertaken on mainline rail rolling stock. In addition, a further IR£65 million approximately of unco-financed investment on rolling stock is proposed over the same period, subject to the resources available to CIE. Decisions on the distribution of available resources will be made in due course, having regard to the requirements and priorities of the rail network.