Oireachtas Joint and Select Committees
Thursday, 9 October 2014
Public Accounts Committee
2013 Annual Accounts of Shannon Free Airport Development Company
1:15 pm
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
I welcome Mr. Pakey and his colleagues. I compliment his team on what is being done in Shannon Airport, the new group and the success to date with Shannon. That is very positive for Shannon and more particularly for the region. I represent the Limerick City constituency and such success is very important to us.
On the agency's property portfolio, it appears that, effectively, 60% of the properties are idle. I assume they are more or less of a similar size although they may not be, but that percentage seems very high. What is the agency's strategy for its property portfolio over the next year, three years or five years? Mr. Pakey might indicate the locations of these properties and what is the agency's commercial plan for them over the next number of years. Is it seeking to sell or rent them or what is its strategy?
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