Brendan Griffin
Question:424. Deputy Brendan Griffin asked the Minister for Transport, Tourism and Sport the economic impact of a project (details supplied); and if he will make a statement on the matter. [21230/13]
View answerTuesday, 7 May 2013
Questions (424)
Written answers
The 48km Great Western Greenway was delivered at a cost of €5,568,000 million and was completed in 2011. The sources of funding for this investment are set out as follows.
|
Funding source |
€ |
|
Dept of Transport, Tourism & Sport |
3,030,000 |
|
Fáilte Ireland |
1,910,000 |
|
Dept of Community, Rural and Gaeltacht Affairs |
160,000 |
|
Mayo Co Council |
468,000 |
|
Total: |
5,568,000 |
I would direct the Deputy to the Great Western Greenway Economic Impact Case Study undertaken on behalf of Fáilte Ireland for details on the economic impact to the local economy of this Greenway. The Study found that major benefits are being obtained from the Greenway, most obviously through maintaining and creating employment. The Greenway has created considerable demand along the route for a variety of services including accommodation, bike hire, taxi services, tour operators, local shops, bars and restaurants. In terms of putting a monetary value on visits to the route, estimates derived from the Study suggest that all direct expenditure arising from visitors attracted to the Greenway would contribute approximately €7.2m to the local economy in a full year.