The revised National Development Plan (NDP) published in October 2021 provided clarity on Departmental capital ceilings for the period 2022 – 2025.
Capital funding in the amount of €658.6m is available to, and is profiled to be fully expended by my Department in 2024. This amount comprises the NDP capital allocation for 2024 of €619m in addition to the carryforward of capital funding from 2023 of €39.6m.
The general areas that have and will continue to benefit from this capital funding are:
Research and Innovation
Higher Education Capital
Further Education and Training Capital
Higher Education Public Private Partnerships
Higher Education Authority Capital
Corporate.