Emmet Stagg
Question:68 Mr. Stagg asked the Minister for Public Enterprise when she will sanction the £61 million capital investment by Aer Rianta in Cork Airport; and if she will make a statement on the matter. [22725/00]
Vol. 524 No. 4
68 Mr. Stagg asked the Minister for Public Enterprise when she will sanction the £61 million capital investment by Aer Rianta in Cork Airport; and if she will make a statement on the matter. [22725/00]
Aer Rianta funds its capital development programme at each of the three State airports without recourse to the Exchequer. The company is proceeding with its planned expenditure programme of over £60 million at Cork Airport, and assures me that the main elements of these plans remain on schedule.
The investment plans for Cork Airport comprise four main elements – airfield, passenger terminal, cargo facilities and access, and the current status in relation to each of these elements is as follows.
As regards the airfield, the main runway has already been overlaid with asphalt and widened by the provision of 7.5 metre shoulders on both sides along the full length of the runway. This upgrades the existing concrete surface and extends the life of the runway by 15 to 20 years. This work cost £6 million and was completed last year.