As Minister for Transport, Tourism & Sport, I have responsibility for overall policy and funding in relation to the national roads programme. The planning, design and implementation of individual road projects is a matter for the National Roads Authority (NRA) under the Roads Acts 1993 to 2007 in conjunction with the local authorities concerned.
Noting the above position, I have referred the Deputy’s question to the NRA for direct reply. However for the Deputy's information, it is hoped to achieve financial close in quarter one of 2014. However the PPP process is long and arduous and requires board approval and credit committee approval by several parties and the conclusion of legal agreements.