Dáil Éireann Debate, Thursday - 8 September 2022
258. Deputy Éamon Ó Cuív asked the Minister for Transport the ring-fenced funding that he has made available since taking office for low-cost actions that would improve speeds on the slowest rails lines in the country; and if he will make a statement on the matter. [43417/22]
View answerAs the Deputy may be aware, the Infrastructure Manager Multi-Annual Contract (IMMAC) provides the funding framework for the protection and renewal of our railway infrastructure. Works under the IMMAC include such actions referenced by the Deputy.
This is the third year of the current five-year IMMAC programme, as approved by Government in 2020, and over the five years of the programme in excess of €1.1 billion in Exchequer funding will be made available to support under the contract. As well as improving track speeds and journey times, this funding will increase service reliability and punctuality and ensure continued safety of rail services across the rail network.
