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Cross-Border Co-operation

Dáil Éireann Debate, Thursday - 4 November 2021

Thursday, 4 November 2021

Questions (258)

Mary Lou McDonald

Question:

258. Deputy Mary Lou McDonald asked the Minister for Public Expenditure and Reform the details of the cross-Border Project Ireland 2040 infrastructure projects and the funding allocated for 2021, 2022 and 2023, in tabular form. [53850/21]

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Written answers (Question to Public)

As stated in the recently published revised National Development Plan, a total of €500 million in exchequer funding has been allocated to the Shared Ireland Fund to support the development of cross-border infrastructure investment and research and development. For the years 2021 to 2023, Table 4.2 on page 44 of the plan provides an annual breakdown of the funding allocations and the following table sets out the annual allocations as requested.

2021

2022

2023

Vote

Capital (€m)

Capital (€m)

Capital (€m)

Shared Island Fund

50

50

100

In addition to the substantial exchequer funding, Chapter 17 of the National Development Plan, 'A Shared Island', details the range of funding sources and priorities for the upcoming decade. For 2021-2030, there is a total all-island investment commitment of more than €3.5 billion through the Shared Island Fund, the Government’s annual funding for North/South cooperation and the PEACE PLUS programme delivered with the EU, UK and Northern Ireland Executive.

As set out in the NDP, individual investment projects are selected by Departments or Agencies based on sectoral strategy and goals, and appropriate options are assessed in line with the Public Spending Code. In all cases, the allocation of resources is subject to planning approval and compliance with all other applicable environmental law, regulatory and public expenditure requirements for the project concerned.

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