Oireachtas Joint and Select Committees

Tuesday, 21 January 2014

Select Committee on Jobs, Enterprise and Innovation

Estimates for Public Services 2014
Vote 32 - Department of Jobs, Enterprise and Innovation (Revised)

2:00 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

As the Minister indicated, the dissolution of Shannon Development is a major target for the Department this year. What is the current asset value of Shannon Development? Will these assets transfer from the parent Department to the new Shannon Airport Authority? What precisely is envisaged in this regard? What is the annual rent roll of Shannon Development? How much of the company's rental income and assets will transfer to the Shannon Airport Authority? Where will assets and liabilities that are transferred find a home? Which Department will be responsible for Shannon Development's pension liabilities when the dissolution has been completed?

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