Joe Costello (Dublin Central, Labour) | Oireachtas source

I am sure NAMA will come back with the riposte that its function is a commercial one and that it has to engage and get the best deal possible for the State. It has indicated publicly that it is well ahead of schedule in the work with which it was entrusted and that it expects to complete its work before the end of the ten-year period under the legislation, but I am more interested in what it is doing for the future. It has indicated publicly a spend of €2 billion to €3 billion over the next couple of years, and I am aware it is taking over a strategic development zone, SDZ, in the docklands, to refer to Niamh Brennan and the Dublin Docklands Development Authority we spoke about earlier. Approximately €1 billion is supposed to be spent in that area where the other is located. What type of activities are involved because it is an enormous amount of money and it would have a considerable bearing on how development takes place in terms of the areas in which it is engaged? A report on the background would be welcome as would an in-depth report on how it will operate over the next number of years in terms of the enormous amount of State money it will be spending in various projects and how those particular projects will be determined.