€1BN FLOODING FUNDS PLEDGE
opposition hit out over lack of insurance cover
THE Government has promised to spend €1billion on flood defences, but critics say it’s just a drop in the ocean.
The cash will be invested over the next 10 years with more than 100 relief schemes rolled out.
Five large-scale projects will get under way in Dundalk, Tralee, Limerick, Carlingford and Drogheda, costing at least €15million each.
The most expensive is in Limerick, at more that €40million.
The Office of Public Works will have an annual budget of at least €100million by 2021 to progress schemes.
Speaking in Athlone, Co Westmeath, Taoiseach Leo Varadkar said: “The Government will spend €1billion on flood relief and prevention over the next decade under Project
Ireland 2040, our national development plan.
“Today we are announcing 118 new flood relief schemes, of which 50 will be advanced in the initial phase to detailed design and construction with investment of more than €250million.” Junior Floods Minister Kevin “Boxer” Moran said: “The plan allows the Government to build on significant investment on flood defence schemes since 1995.” However, Fianna Fail hit out at the Government for failing to tackle the problems flood-stricken homes and businesses have getting insurance. TD Eugene Murphy said: “Unless this issue is addressed, there will be no comfort for those already affected or at risk of flooding.
“In January 2016, €2million was allocated to a relocation scheme for homeowners impacted by the winter storms. “More than two years later and not one has benefitted.
“Is it any wonder I am reserving judgment?”