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17.07.12

The Taoiseach, Enda Kenny, has revealed the details of a 2.25 billion euro stimulus package.

The package will provide funding for infrastructure and capital projects focussing on education and health. The package aims to create 13,000 jobs.

One of the most significant parts of the package will be the construction of a new DIT campus in Grangegorman.

The development could bring 11,000 students to the campus by 2017.  and will consolidate the 39 buildings that currently make up DIT into one educational facility.

There will also be a LUAS link to the campus off the new Broombridge LUAS line.

In health, the package allocates 115 million euro for the construction of twenty primary care centres to be constructed in two "bundles".

Transport links make up the most significant amount of money under the plan with 850 million euro going into motorway projects in the West and South.

The remainder of the funds outlined in the stimulus package will go to new Garda divisional headquarters, the refurbishment and construction of courthouses and investment in the State Pathology Laboratory.

All of the projects outlined in the package will be funded through the National Pensions Reserve Fund, the European Investment Bank, domestic banks and other private investment sources.