Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Public Accounts Committee

National Asset Management Agency Financial Statements 2013

1:10 pm

Mr. Frank Daly:

I can respond quickly because we have discussed it with Deputy Costello. We are very conscious of the social dividend element of what we do everywhere, not least in the docklands. We have no wish to create a kind of sterile environment there where every place closes at 5 p.m. and there is no life after that.

In regard to access for local communities to talk to us, we are absolutely committed to that and we have already done it. Last week I met about 30 people from the communities around the North Wall and we have engaged on the same level in relation to the south side.

On disadvantage in terms of employment, education or whatever, again, as I said earlier, we are very open to listening to any requirements from the Department of Education and Skills or anybody else in regard to facilities they need there, or to local cultural bodies. We have engaged with the Docklands Preservation Society in relation to its requirements.

On the employment piece, we talked earlier about the Grangegorman employment charter, which seems to be a good model for the type of approach that should be taken and which seeks to encourage employment of local people in the first instance. I made the important point that we are not the development agency for the docklands or for the SDZ and we are not the successor to the DDDA. Dublin City Council is the development agency.

If one takes the Grangegorman model, where the Grangegorman Development Authority oversees and monitors the employment charter in Grangegorman, Dublin City Council would have the same role here. From our point of view in NAMA, while we cannot force anybody to employ local people or anything like that, one can be sure we will absolutely encourage it in whatever dealings we have. We have no problem meeting people.

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