The Irish Government will carry out rail projects including Dublin's metro system and the underground Dart interconnector.
The projects will be given priority under Ireland's €39bn ($51bn) capital investment plan until 2016, according to irishtimes.com.
The Western Rail Corridor project and the Navan railway line have been postponed under the seven-year plan.
Spending on the capital investment plan is less than the previous seven-year plan, which envisaged €75bn ($97bn) of capital spending.
