Kelly welcomes additional capital funding

Minister Alan Kell
Alan Kelly TD, Minister for Public Transport and Commuter Affairs has welcomed the announcement by Minister Brendan Howlin TD of an additional investment of €150 million in Exchequer capital funding for 2013 and 2014. This is on top of another €250M that the government have agreed for a new pipeline of projects.

Alan Kelly TD, Minister for Public Transport and Commuter Affairs has welcomed the announcement by Minister Brendan Howlin TD of an additional investment of €150 million in Exchequer capital funding for 2013 and 2014. This is on top of another €250M that the government have agreed for a new pipeline of projects.

Minister Kelly said “this investment is additional to the capital allocations already provided for the relevant Departments (€414m for Education; €900m for Transport and €726m for Environment in 2013)”.

In Education, work will be carried out on 28 schools to either replace school buildings or carry out large scale extension or refurbishment at a cost of €90m. In the roads sector, moneys will be allocated to local roads to carry out much needed surface restoration and road reconstruction works.

An additional €50 million in 2013 will allow an extra 600km of roadwayto be rehabilitated to a high standard. Some 25,000 local authorityhousing with low levels of energy performance will become eligible for a new grant scheme totalling €50m.

Minister Kelly said “this announcement continues this government’s stimulus plan and it is expected that up to 13,000 jobs will be created as these projects are being delivered”.