In 1997, I received a letter from a UK based engineering company seeking financial support for a feasibility study into the proposed construction of an immersed tube tunnel between Ireland and the United Kingdom. The proposal was referred to the technical assistance committee of the operational programme for transport to consider whether it had merit.
The committee concluded that an Irish Sea tunnel was unlikely to generate revenues to remunerate costs in the foreseeable future and that financial assistance should not be provided for the proposed feasibility study. This information was conveyed to the company concerned in June 1998.
An Irish company, Islink Limited, which is based in Raheny, Dublin, was in touch with me concerning another proposal for a surface rail link between Ireland and Britain using a different technology. However, the technology concerned, which is based on floating structures as distinct from a tunnel, is very much experimental and unproven. This view was conveyed to Islink at a meeting in the Department earlier this year.
I do not know to which project the Deputy refers which is why I gave the additional information.