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EU Funding

Dáil Éireann Debate, Wednesday - 6 June 2012

Wednesday, 6 June 2012

Ceisteanna (264)

Thomas P. Broughan

Ceist:

253 Deputy Thomas P. Broughan asked the Minister for Public Expenditure and Reform if he will report on his recent meeting with the European Investment Bank; if any proposals for new public private partnerships were discussed at the meeting; and if he will make a statement on the matter. [25623/12]

Amharc ar fhreagra

Freagraí scríofa

Both myself and my colleague the Minister for Finance, Michael Noonan, met with officials of the European Investment Bank in Brussels recently to discuss a range of issues. Those talks were very successful and we made good progress on many grounds. The EIB were very positive towards Ireland and made a firm commitment to continue to support Irish infrastructure projects. Following these discussions, officials of my department are continuing to engage with the EIB and other potential investors in order to secure additional funding for Irish infrastructure projects in order to supplement the €17bn Exchequer capital framework. Since coming into office, the current Government has been working on a range of measures to create employment and help stimulate economic growth and investment in infrastructure is just one area through which this will be achieved.

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