The National Development Plan (NDP) Review 2025 encompasses total public investment of €275.4bn from Exchequer and non-Exchequer funding, and the release of once-off funds, including the ECJ Escrow Fund, proceeds from the sale of bank shares, and broader State funds such as the Infrastructure, Climate and the Nature Fund.

The review includes an additional €34bn, relative to the previous 2021-2030 NDP, including equity funding of €10bn to 2030 to fund large strategic projects in energy, water and transport.

The review sets out departmental capital ceilings to 2030 and overall expenditure ceilings to 2035 to provide the necessary investment to:

– Deliver transformative, critical and growth-enhancing infrastructure.

– Scale up and strengthen our water, energy and transport systems.

– Unlock housing supply.

– Improve the living standards of the people of Ireland; and

– Boost Ireland’s international competitiveness

Key strategic project investment allocations include:

– A total of €3.5bn in equity earmarked for energy projects with ESB Networks and Eirgrid to meet the growth to deliver on the housing target of 300,000 new homes.

– €12.2bn for water sector for water and wastewater services.

– €24.3bn for transport sector including low carbon transport projects such as Metrolink.

This is the largest ever capital investment plan by the government in the history of the State, which aims to deliver thousands of new homes, provide additional childcare and school places, invest in children’s disability services and ensure better healthcare for everyone.

The NDP outlines how the government will invest in the country’s infrastructure and development. Against a changing and uncertain global economic backdrop, this plan outlines how to grow the Irish economy, protect jobs and enhance Ireland’s competitiveness to secure future prosperity.

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