Irish ramp up PPP programme

Government to reveal more details within weeks; sees growing demand from international investors

The Irish government will release more details of its growing PPP programme within weeks, the secretary general for the Department of Public Expenditure and Reform has said.

Speaking at Partnerships Bulletin’s Financing Irish Infrastructure conference in Dublin yesterday, Robert Watt said the government is currently revising its capital plan, adding that the government will continue to stabilise public finance, focus on new projects and "investing where we have to".

Watt confirmed that a new social housing PPP programme would be a key part of the next plan, which will also likely look to close up the gaps and bottleneck in the road network.

"Over the next four or five weeks we expect further details of new projects to be released," he added.

Brian Murphy, chief executive of the National Development Finance Agency, also confirmed that a new pipeline is on the way and although he couldn’t provide details at this stage, he strongly indicated that as well as the new social housing PPP, a new schools bundle and primary care project could be included.

"Investors, both domestic and international, are now actively targeting Ireland for major financing, construction and supply chain opportunities," he added.