Oireachtas Joint and Select Committees
Thursday, 9 October 2014
Public Accounts Committee
2013 Annual Accounts of Shannon Free Airport Development Company
12:35 pm
Mr. Ray O'Driscoll:
That is correct. Almost 60% are not being used at all for two reasons.
The first is that vacancy levels are high generally at this time owing to the economic climate. Second, many of these properties are not occupiable because they are not of the standard required by businesses today. We need to evaluate the situation, decide what our plan is for each of the properties and invest, where appropriate, to enable them to become productive units.
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