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Originally Posted by Sponge Bob
Yeah but as certain loony posters loudly trilled....it is a ppp and will not cost €500m in any given year. So what is the €500m for ???
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Well, who is the EIB giving the money to? Is it the winning consortium or the government? The government does need some money to cover design, supervision, land acquisition, compensation, etc. If it goes to the consortium, its money they don't need to come up with themselves, thereby reducing their borrowing requirements and potentially reducing their need to load the project to make a profit.
Quote:
Originally Posted by markpb
I don't want to get into another flame war over this - I think most of us have accepted that both DU and MN are required to grow Dublin properly. The constant attacking and sniping of MN by DU fanboys is growing tiring - MN does something DU can't - it adds train coverage to huge swathes of the city and it's suburbs.
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Did you get that the wrong way around.
If they wanted to be inventive, MN could come up through the Iveagh Gardens and connect at Adelaide Road. It might require alterations to the road though.