The capital allocations for my Department for the years 2020 to 2022 are set out in the table below:
Year
|
€m
|
2020
|
274
|
2021
|
265
|
2022
|
275
|
These allocations will provide for investment in line with the priorities described in Project Ireland 2040 including allocations for
- On farm Investment
- Afforestation and forestry development
- Support for investment by the food industry, the seafood sector and horticulture sector
- Research and other facilities and equipment for Teagasc, BIM, the Marine Institute and SFPA including research vessel for the Marine Institute
- Facilities and amenities for Horse racing and greyhound racing
- Investment in Fisheries Harbour Centres
- Improvements in my Department’s laboratories, and other facilities and its information management and communications infrastructure and equipment
The distribution of the 2020 allocation will be set out in the Revised Estimates Volume which will be published next week. Allocations for 2023, 2024 and 2025 have not yet been determined.