As set out in the Summer Economic Statement 2017, published in July, the Government will invest a further €4.1 billion in key infrastructure supporting economic and social progress. This is in addition to the extra €2.2b in Exchequer funding already allocated to housing under Rebuilding Ireland.
I am satisfied that this new planned level of capital investment represents an appropriate balance between the need for additional investment, the capacity of the economy to deliver additional public infrastructure consistent with macroeconomic and fiscal sustainability and the need to adhere to the responsible spending path agreed by Government with reference to the requirements of the EU Fiscal Rules.
The delivery of specific infrastructural projects is a matter, in the first instance, for the relevant responsible Minister.