2. Investment Allocations

This section sets out our investment allocations for the next four years, with indicative allocations for the six years following, to form a ten year perspective. The funding will be used by departments to take forward capital programmes and projects that help us to deliver the policy objectives and priorities in our Programme for Government.

The investment is presented under pillars to help co-ordinate plans between government departments and ensure best use of public money.

Funding for the first four years is consistent with the figures published in the Executive's Final budget. Funding for the period from 2015/16 to 2020/21 assumes an increase of 2.7% per annum in the Block Grant that will be made available for capital investment and augmented by RRI borrowing and a realistic level of capital receipts. The figures and allocations for this latter period are indicative only and allocations beyond 2014/15 will be determined by the Executive through a subsequent budget process.

The amounts allocated to investment at a Pillar and Sub-Pillar level are set out on the following page. In the appendix, a departmental analysis of the allocations is provided.

* A5/A8
The executive will consider the implications of the announcement by the Irish government in relation to the a5/a8 road projects and will continue to engage with them during the consultation period. the final document will be updated to reflect the outcome of these engagements.

 

INVESTMENT PRIORITIES 2011/12 TO 2020/21

£ms

2011/12 to 2014/15

2015/16 to 2020/21

Total

Roads

1,190

1,281*

2,471

Public Transport

196

280

476

Gateways

-

-

-

Telecoms

14

6

20

Energy

10

95

105

NETWORKS

1,410

1,662

3,072

Schools & Youth

512

1,032

1,544

FE & HE

128

180

308

Libraries

12

70

82

SKILLS

652

1,282

1,934

Primary Care, Hospitals & Public Safety

851

1,470

2,321

HEALTH

851

1,470

2,321

Regeneration

215

270

485

Housing

758

855

1,613

Welfare Reform

8

12

20

Culture, Arts, Sport

149

208

357

SOCIAL

1,130

1,345

2,475

Water & Waste Water

668

600

1,268

Waste Management

4

12

16

Flood Risk Management

17

45

62

Environment

14

24

38

ENVIRONMENT

703

681

1,384

Enterprise Innovation

154

145

299

Tourism

19

36

55

Rural & Primary Industries

66

76

142

Public Sector Infrastructure

85

128

213

PRODUCTIVE

324

385

709

Criminal Justice Infrastructure

290

385

675

JUSTICE

290

385

675

OTHERS

16

8

24

GROSS TOTAL

5,376

7,218

12,594



_____________________________________________________________________________________________
*includes £118m (the balance £400m) from the Irish Government for the A5/A8 (see note on page 14).
NB: A departmental analysis is provided in the Appendix.