Tuesday, 19 February 2013

Questions (185)

Thomas P. Broughan


185. Deputy Thomas P. Broughan asked the Minister for Transport, Tourism and Sport if he will report on the recent cutting of the EU transport networks budget; if he will outline the impact on transport projects here; and if he will make a statement on the matter. [8392/13]

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Written answers (Question to Transport)

The European Council agreed an allocation of €29.3bn for the Connecting Europe Facility (CEF), of which €23bn is ear-marked for transport including a sum of €10bn for transport investment in Cohesion Member States. Ireland will be eligible to apply for funding under the CEF once the Regulation, which covers the period 2014-2020, has been agreed. While the Commission had originally proposed a larger budget for the CEF, the €13bn for non-Cohesion transport investment still represents a substantial increase on the €8bn available under the equivalent TEN-T programme in the current Financial Perspectives. In that context, I am hopeful that transport projects that are deemed eligible to apply for funding will benefit from this new funding instrument in due course.