Government Unveils Revised National Development Plan with €200 Billion Infrastructure Spending Over the Next Decade.

Tuesday, Jul 22, 2025 5:28 am ET2min read

The Irish Government is unveiling a revised National Development Plan with €200 billion in infrastructure spending over the next decade. The plan includes €165 billion allocated to the current NDP, boosted by a €14 billion windfall in Apple tax, AIB sale proceeds, and State funds. The revised plan covers costs out to 2035, with a focus on housing delivery through energy, water, and transport investments. Minister Jack Chambers says it will "bridge the infrastructure deficit in the Irish economy."

The Irish government has announced a revised National Development Plan (NDP) with a €200 billion investment in infrastructure over the next decade. This plan aims to address the country's infrastructure deficit and support housing delivery through investments in energy, water, and transport. The revised NDP includes €165 billion allocated to the current plan, boosted by a €14 billion windfall from Apple tax, proceeds from the sale of the State’s stake in AIB, and funds from the Infrastructure, Climate and Nature Fund [1].

Minister for Public Expenditure Jack Chambers stated that the plan will help "bridge the infrastructure deficit we have in the Irish economy." The revised NDP covers costs out to 2035 and will see an additional €34 billion allocated to health and housing, bringing the total to €102.4 billion for the period 2026-2030 and another €100 billion for the years 2030-2035 [2].

The plan includes significant allocations for housing, transport, and energy infrastructure. €40 billion is allocated for housing, including €4 billion for Uisce Éireann, the water service. Transport receives €24 billion, with €2 billion earmarked for Dublin’s metrolink. Energy and water infrastructure will also see substantial investments [1].

The government's aim is to enhance public infrastructure, improve public services, and maintain the long-term sustainability of the public finances. The finance minister, Paschal Donohoe, will outline that the government is focused on maintaining the stability of the public finances and building-up financial resources to guard against future shocks [2].

The Apple tax windfall, which amounted to almost €14.25 billion, will be partially used to fund this massive spending plan. The Apple escrow account was closed in May 2025, with the total sum transferred to the Exchequer [1].

In addition to the NDP, the government will also publish the Summer Economic Statement (SES) today, which outlines the parameters for October’s Budget. The government has been tempering expectations for this year’s Budget, given the threat and uncertainty of US tariffs and the fragmentation of global supply chains [1].

The increased funding for infrastructure is part of the government's strategy to enhance public infrastructure, improve public services, and maintain the long-term sustainability of the public finances. The program for government commits to increasing capital investment in key areas while continuing to use available resources to invest in healthcare, education, and social protection [2].

The revised NDP and the associated infrastructure investments are expected to create more jobs and houses for young people, as well as keep the country secure in turbulent times. The government aims to balance investment in public infrastructure with the need to maintain the long-term sustainability of the public finances [1].

References:
[1] https://www.thejournal.ie/200-billion-national-development-plan-6769181-Jul2025/
[2] https://www.irishtimes.com/ireland/2025/07/22/national-development-plan-live-updates-infrastructure-housing/

Government Unveils Revised National Development Plan with €200 Billion Infrastructure Spending Over the Next Decade.

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