Eoin Ryan
Ceist:75 Mr. E. Ryan asked the Minister for Finance the total expected expenditure on Luas; the amount of such expenditure which will accrue to the State in VAT; and if he will make a statement on the matter. [19840/96]
Vol. 470 No. 7
75 Mr. E. Ryan asked the Minister for Finance the total expected expenditure on Luas; the amount of such expenditure which will accrue to the State in VAT; and if he will make a statement on the matter. [19840/96]
The Government has agreed a ceiling of £220 million for the capital cost of implementing the first phase of the Luas project encompassing the construction of two light rail lines. The estimate contains a provision of £29 million in respect of VAT payments.