To ask the Minister for Transport if he has received a figure for the estimated cost of the LUAS projects proposed under Transport 21; the way this project will be funded; and if he will make a statement on the matter.
- Olivia Mitchell.
* For WRITTEN answer on Wednesday, 8th November, 2006.
Ref No: 36944/06 Proof: 286
Answered by the Minister for Transport
Transport 21 provides for the development of seven Luas projects over its 10 year timeframe and includes an appropriate budget provision for their implementation. The projects will be funded through a combination of direct Exchequer funding to the RPA, Public Private Partnerships, development levies and developer contributions.
I have continually stated publicly that I am not in a position to release details of the costs for Transport 21 projects because the details are commercially sensitive from the point of view of protecting public funds and getting best value for money. Consideration will be given to the release of information regarding the costings of the proposed Luas projects after the signing of the contracts for the projects.