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

Mr. Brendan McKenna:

The remaining businesses include wind energy operations, telecommunications, the remaining forests, and the SmartPly and Medite operations. Should the decision be made to dispose of the harvesting rights, all of these, as well as the non-commercial forests, will be included in a new company. The board has to ensure that when the evaluation process is finished, all of the risks and implications are included in the report in order that the Government or the Minister and the Government can make a decision based on all of the facts. It is hoped it will be before the steering committee in December.

There will then be a three-month review period. We anticipate that in the first part of the second quarter a decision in principle could be made by the Government.

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