Oireachtas Joint and Select Committees
Thursday, 12 January 2017
Joint Oireachtas Committee on the Future Funding of Domestic Water Services
Irish Water and Commission for Energy Regulation
2:00 pm
Mr. Michael McNicholas:
I think that Deputy O'Connell had two questions for us. One was to ask if there were data which would suggest that companies have not come to Ireland because of a deficit in infrastructure. We have no knowledge or information of that. In fact in Ireland, IDA Ireland, all the utilities and the local authorities have an incredibly positive track record of making sure infrastructure is in place when new industry or investment needs it. While we have no information on that, we are working with a lot of foreign direct investment companies today which need significant capacity for expansion. We are working and will make sure that no company coming into this country will have a problem with a deficit in either water or wastewater infrastructure. We also have been approached by a number of foreign direct investment companies which have seen our investment programme and state that if they saw the resilience in clean water supply that Irish Water is aiming to get, they would be interested in bringing more industry to the country. The proof of the value of the utility is coming to bear in this regard. I will pass the Deputy's second question on EU infringement to Mr. Grant to answer.
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