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€800 Million Injection Will Be Catalyst For Change – Archibald

Press Eye - Belfast - Northern Ireland - Saturday 3rd February 2024 - Meeting of the legislative assembly at Stormont in Belfast as Northern Ireland's devolved government is restored two years to the day since it collapsed. Photo by Kelvin Boyes / Press Eye

Finance Minister Dr Caoimhe Archibald MLA has welcomed the Irish Government’s commitment of €800 million for Shared Island projects. 

Speaking following a meeting with the Irish Finance Minister Michael McGrath TD at Parliament Buildings, Dr Archibald said: “Today is a significant investment by the Irish Government demonstrating the power of joint working to deliver positive benefits for people right across this Island.

“The positive announcement of €800 million of funding will make a significant contribution to the development of our economy and infrastructure particularly in the North West and border areas.

“This funding will support the redevelopment of the A5 Western Transport Corridor and Casement Park as well as funding projects in infrastructure including an hourly rail service between Belfast and Dublin. It will create jobs, connect communities, unlock economic benefits and make a hugely positive impact on people’s lives here.

“I welcome the opportunity to meet with Minister McGrath and look forward to working collaboratively with him to meet the collective challenges we face and to deliver on shared opportunities.”

ENDS

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