Thursday, 24 October 2013

Questions (125)

Pearse Doherty

Question:

125. Deputy Pearse Doherty asked the Minister for Jobs, Enterprise and Innovation the capital spend by his Department for each year since 2009; and the capital allocation to his Department in budget 2014. [45394/13]

View answer

Written answers (Question to Jobs)

Exchequer capital funding is primarily expended through various agencies under the remit of my Department, including IDA Ireland, Enterprise Ireland, Science Foundation Ireland, Shannon Development, Inter Trade Ireland, INTERREG, the National Standards Authority of Ireland, and the 35 City and County Enterprise Boards. Capital funding has also been allocated for expenditure by my Department in 2013 in respect of the Temporary Partial Credit Guarantee Scheme, the Tyndall National Institute and, via the Higher Education Authority, for the Programme for Research in Third Level Institutions.

The table below sets out the Department's capital expenditure for the period 2009 to 2012 inclusive.

Year

Total spend

Including Carryover provision

2009

€497.864m

€18.326m

2010

€484.194m

€6.440m

2011

€486.898m

-

2012

€482.158m

€18.125m

The capital expenditure for the period January to the end of September 2013 was €266.71m which is broadly in line with the profiled amount. The 2013 allocation also includes €25m carryover provision this year.

The initial 2014 capital provision for the Department, as set out in the 2014 Expenditure Report, is €442m. It is anticipated that the 2014 capital provision will be further enhanced by a capital carryover provision through the Revised Estimates Volume in the coming weeks. Plus through the provision secured by DJEI agencies to use our resource income for additional capital investment purposes.