—on these matters but I have to draw conclusions. The NRA takes a medium-term view. It tells me that the roundabout needs a substantial upgrade. The €300 million figure quoted in the newspaper is not for the roundabout but relates to the complete upgrade of the M50 and the provision of additional lanes.
One solution is to take the upgrade of the roundabout out of the broader M50 upgrade, bring it forward by a couple of years and, in conjunction with that, remove the tracks from the roadway through the roundabout, which is an engineering matter. That is another option as we go forward. I will study what I have received from the NRA. Like the Deputy, I saw the NRA announcement this morning in the newspapers, but have not received it officially. Apparently, it arose from a board meeting of the NRA yesterday in Limerick. When I receive the NRA's formal report, I will study the plan and make a quick decision.
If the Deputy accepts that this matter needs to be sorted, there are two solutions. One is to authorise the elevation of the track and the other is to bring forward the general upgrade of the roundabout and incorporate the solution into that upgrade. I have no figure from the NRA for the upgrade but I estimate that it would cost up to €100 million.