The Irish Government is offering to put forward £50million over a four year period towards the A5 upgrade to keep the project alive.
A meeting took place within the past hour between Taoiseach Enda Kenny and the North's First and Deputy First Ministers Peter Robinson and Martin Mc Guinness.
It has been estimated that the project will cost £850million to complete, with half the money promised by the Irish government.
Deputy Joe McHugh says the Government still wants the A5 project to go ahead, but there will be a considerably longer timescale now. He says it's now a matter for officials to discuss the next step....