Oireachtas Joint and Select Committees

Wednesday, 1 May 2024

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Committee Stage

Photo of Damien EnglishDamien English (Meath West, Fine Gael) | Oireachtas source

My understanding is that there is nothing preventing investment in these areas in the current wording. It is to be done on a commercial basis. Is that right? The amendments want to list them out. Going back to even 2016, ISIF would have invested in housing projects that kick-started housing in many counties. It has a history of doing it and there is no change here to prevent that - it is just the “commercial basis”. Am I right? The amendments want to focus on it. We are at one really, apart from explicitly naming them out here. Am I right in saying that? Yes.

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