Spend State investment fund on 'long-term infrastructure projects' - Ross | Newstalk

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Spend State investment fund on 'long-term infrastructure projects' - Ross | Newstalk
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A new investment fund should be spent on long-term projects, rather than trying to buy the next election, according to Shane Ross.

"Let's not get carried away with this and everybody just do a lucky dip and throw in what their favourite project is," he said.

"When I was Minister for Sport what we did do - and it's on a micro-scale compared to this - we did introduce a new sports fund, called the Large Scale Capital Infrastructure Fund. "That was meant for very large projects, which would last for a very, very long time - in other words hundreds of years. "There's a gap in Ireland with infrastructure in transport, sport, and everywhere else which is never really filled because politicians - and I was one of them - are very keen to spend the money very quickly before an election, but not keen to spend it long-term".

 

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