The government has unveiled a major initiative, pledging €112 billion for infrastructure development over the next five years.
This revised National Development Plan outlines funding allocations for housing, energy, water, and transport projects spanning from 2026 to 2030.
Approximately €30 billion of the total investment constitutes new funding, sourced in part from Apple tax revenue and the sale of AIB shares.
The €112 billion sum comprises €102.4 billion allocated to government departments within the NDP’s Exchequer ceilings for 2026-2030, alongside an extra €10 billion in equity funding to bolster significant water, energy, and transport initiatives.
Housing (excluding water infrastructure) is set to receive an investment of up to €36 billion.
The core focus of the plan is housing delivery, with increased financial support dedicated to constructing homes and providing essential electricity and water connections.
The transport sector will benefit from €24 billion, including €2 billion specifically designated for Dublin’s Metrolink project.
Furthermore, €3.5 billion is allocated to electricity services and grid upgrades, to be managed by ESB Networks and Eirgrid.
Uisce Éireann will also receive €2 billion in equity funding in 2025 to support the delivery of 300,000 additional homes by 2030.
An additional €2.5 billion in funding will be provided to Uisce Éireann for large-scale projects throughout the 2026-2030 period.
Taoiseach Micheál Martin described the plan as ‘the largest investment in economic and social infrastructure in the history of the State’.
Read the full report on www.rte.ie
Government reveals ‘largest infrastructure investment in history of State’ was last modified: July 22nd, 2025 by
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