Details of the programme were announced at Government Buildings by Taoiseach Enda Kenny, Tánaiste Eamon Gilmore, and Minister for Public Expenditure Brendan Howlin.
The funding for the programme will come from loans from the European Investment Bank, the National Pensions Reserve Fund, domestic bank loans and other potential private investment sources.
Mr Kenny confirmed that the funding is in addition to the €17bn Infrastructure and Capital Investment Framework published last November, which solely involves Exchequer funding.
He said the programme will focus on projects that are ready to proceed in health, education, transport and the justice sectors.
He said they would proceed as funds became available and as public private partnership contracts were agreed.
Mr Gilmore said that this is designed to increase employment, particularly in the construction sector, while also improving Ireland’s infrastructure…
via €2bn stimulus package could create up to 13,000 jobs – RTÉ News.
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