Spending on roads could hit €100bn

SPENDING on infrastructure could reach €100 billion over the next 10 years, Finance Minister Brian Cowen said in Derry yesterday.

Speaking to civic and business leaders, Mr Cowan said it included £16bn proposed by the British government and the Republic’s €36bn public capital investment spend in the next five years.

“It is not beyond the bounds of possibility, therefore, that the combined spend on infrastructure on the island, north and south, over the next 10 years could be of the order of €90 to €100bn,” said the minister.