A revised National Development Plan (NDP) was published on 4 October 2021. This confirms the capital ceilings for all Government Departments for the five year period 2021 - 2025. The capital ceilings for my Department are as follows:
|
2021 - €m
|
2022 - €m
|
2023 - €m
|
2024 - €m
|
2025 - €m
|
Total - €m
|
TOTAL
|
500
|
537
|
578
|
619
|
651
|
2885
|
In addition to higher education infrastructure, the funding available to my Department will support both research and innovation and further education infrastructure.
My Department is in the process of developing new infrastructure programmes based on the ceilings available. I expect to be in a position to confirm the indicative envelope to 2025 for higher education infrastructure as part of the finalisation of the next phase of programmes. Departmental capital ceilings beyond 2025 have not yet been decided by Government under the new NDP.