Minister for Finance Jack Chambers has expressed confidence that an additional injection of €3 billion can deliver key infrastructure in strategic areas like housing, energy and water.
He said the investment is coming from the sale of AIB shares and is a key signal to investors.
Minister Chambers said: "We are working on detailed plans to drive affordability in housing and increase the supply of housing in the country, as well as addressing the infrastructure deficits we have in water and energy."
The minister said it was essential to provide the "key state agencies" with the resources to give them "the stability and certainty so that they can scale delivery across the country".
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He acknowledged that there was "concern among indigenous business and foreign direct investors about the infrastructure deficits in the economy", but, he said, the Coalition was going to close those gaps.
The Labour Party said it welcomes the allocation of additional funding, but claimed there had been a decade of underinvestment.
Labour's finance spokesperson Ged Nash said the party welcomes additional investment, adding "we are sceptical that this is a pre-election and pre-budget stunt".
He said: "The reality is that the failings on Irish infrastructure are really, really clear.
"Employer bodies have been saying it for years.
"We in the Opposition have been saying it.
"The trade unions have been saying it."
The Louth TD said that when the billions from Apple arrive, half of what lands in the Irish exchequer should be used to establish a State construction company to end the boom and bust cycle which has blighted housing delivery.
