Dáil Éireann Debate, Tuesday - 27 January 2015
603. Deputy Seán Ó Fearghaíl asked the Minister for Transport, Tourism and Sport his plans to apply for EU CER funding in 2015 for the proposed M7 motorway scheme, which involves carrying out necessary widening of the M7 southbound towards its intersection with the M9; and if he will make a statement on the matter. [3744/15]
Amharc ar fhreagraI presume the funding programme the Deputy is referring to is the Connecting Europe Facility (or CEF) which runs for the period 2014-2020.
The current status of Exchequer finances combined with terms and conditions of the methodology and Regulations limits the possibilities for projects being put forward that require Exchequer co-financing for studies and work co-funding.
The co-funding rates under CEF-transport are low. This further limits the ability of organisations with projects requiring Exchequer co-funding to put forward projects and enter into commitments to complete projects within the timeframes specified in the CEF and Ten-T regulation. No Exchequer funding is in place to fund these projects and Ireland will not therefore be putting forward these schemes under this CEF call for proposals.
