Dáil Éireann Debate, Wednesday - 28 April 2010
152 Deputy Bernard J. Durkan asked the Minister for Transport if the National Roads Authority raises and provides its own funding independently of Government and his budget; and if he will make a statement on the matter. [17279/10]
View answerUnder Section 24 of the Roads Act 1993, as amended, the Government provides Exchequer funding to the National Roads Authority (NRA) to discharge its functions under that Act. In addition the NRA generates some additional funding from toll revenue and other sources of income. Information on these is available in its Annual Report & Accounts. The Accounts for 2008 have been placed in the Oireachtas Library. Once the Controller and Auditor General signs off the 2009 Annual Report and Accounts, I will arrange for these to be placed in the Oireachtas Library.
The NRA has also been given a mandate under Transport 21 to raise private funding for investment in national roads through PPPs. To date it has raised over €2 billion in private investment for nine toll-based PPP projects and has been authorised to raise a further €1 billion through unitary payment — based PPPs.
