Oireachtas Joint and Select Committees

Tuesday, 20 November 2012

Joint Oireachtas Committee on Agriculture, Food and the Marine

Coillte Teoranta: Discussion with Chairman Designate

2:30 pm

Photo of Martin FerrisMartin Ferris (Kerry North-West Limerick, Sinn Fein) | Oireachtas source

It is my guess that the attraction of selling off the forestry will be based on the output of that process and the benefit to the potential investors or buyers. It is also my guess that a sizeable section of forestry will not be sold off because it is not considered as viable for potential investors. If Coillte is left with forestry that is of no great value and if a sizeable number of assets will be sold, there will be job losses. That is inevitable. It is also inevitable that Coillte will find it very difficult to run a profitable organisation.

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