"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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