Dáil Éireann Debate, Tuesday - 14 July 2020
250. Deputy David Cullinane asked the Minister for Transport, Tourism and Sport if funding previously committed to for extending the runway at Waterford Airport has been released; and if he will make a statement on the matter. [15644/20]
View answerAs the Deputy may be aware, in June 2019, the Government gave approval, in principle, to contributing €5 million in Exchequer funding towards a €12 million runway extension project at Waterford Airport.
The model of funding put forward by Waterford Airport in respect of this project was new - private and local authority interests have committed to investing the balance of the cost, which is estimated to be €7 million. As a result, certain conditions were attached to the Government's support. One condition specified that the Exchequer contribution would only be made when all of the upgrade works are completed and the runway is confirmed to be ready for service by the Irish Aviation Authority.
As the project has not been completed to date, no funding has been released to the Airport.
