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EU Issues

Dáil Éireann Debate, Tuesday - 16 December 2014

Tuesday, 16 December 2014

Ceisteanna (204, 207)

Pearse Doherty

Ceist:

204. Deputy Pearse Doherty asked the Minister for Finance the list of projects submitted by the Irish Government as proposals under the EU's investment package; and if he will make a statement on the matter. [47840/14]

Amharc ar fhreagra

Pearse Doherty

Ceist:

207. Deputy Pearse Doherty asked the Minister for Finance the reason the list published on the European Investment Bank website of proposals for the investment plan for Europe Ireland uniquely has requested that important information be redacted. [47906/14]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 204 and 207 together.

The report on the European Investment Bank/Commission/Member State Task Force on investment in the EU, which includes the proposals submitted by the Department of Finance, can be found on the following website - www.eib.org/invest-eu

The project list was compiled on a best efforts basis under an extremely demanding timeline and was not approved/analysed by the relevant national authorities. Given the demanding timeline there was insufficient time to ensure that all commercially sensitive cost information was removed at an individual project level. I did not consider it appropriate to disclose information regarding projected costs for projects that might be the subject of a procurement process and therefore decided to redact the following columns from the published report:  (i) Total Investment Cost, (ii) Investment in 2015-2017 and (iii) Barriers/Solutions. However in order to support Ireland's overall case regarding investment needs subtotals for each sector were included.

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