As Minister for public expenditure, infrastructure, public service reform and digitisation, I am responsible for setting the overall capital allocations across Departments and for monitoring monthly expenditure at departmental level. The responsibility for the management and delivery of individual investment projects or sectoral policy strategies within the allocations initially rests with the individual sponsoring Department in each case. Each Minister is responsible for deciding on the priority programmes and projects that will be delivered under their remit within the national development plan, NDP, and for setting out the timelines for delivery. As a result, expenditure is allocated and monitored on a departmental basis.
The Government has committed €165 billion of funding for capital investment under the NDP to 2030. An additional €2.25 billion was allocated in 2024 as part of an update to the NDP which set out revised capital ceilings from 2024 to 2026. In budget 2025, almost €15 billion was made available from the Exchequer for investment in public capital projects, along with €3 billion of funds from the sale of the State’s shareholding in AIB. This level of expenditure is pivotal to consolidate the progress already made, to support balanced regional development, to address key infrastructural bottlenecks more rapidly, and to lead to further improvements in living standards and competitiveness.
In addition, the recently agreed programme for Government sets out that the Government will prioritise an early review of the national development plan, which will be completed in July 2025. The review of the NDP will encompass all public capital investment, as I have mentioned, and will utilise State funds to support increased capital investment levels.
The northern and western region has already seen significant delivery of infrastructure under the NDP in the context of housing and many other projects.
I can list a number of regional transport projects that are important for the west. I could also refer to the national broadband plan and other important priorities.
The Deputy has seen the NDP and some of the projects listed in it. We are reviewing the plan and updating it in the context of the additional capital that is available and that will, as we have stated, be allocated in strategic areas. That will be completed by the summer.