Oireachtas Joint and Select Committees
Wednesday, 20 June 2018
Select Committee on Jobs, Enterprise and Innovation
European Southern Observatory Membership: Motion
4:40 pm
Mr. Joseph Moore:
As mentioned, the €14.66 million is the once-off joining fee. As we are joining ESO, there is a cost associated with developing that infrastructure. Based on the membership of ESO and our net national income, our contribution to ESO will be €14.66 million. As mentioned, we got the opportunity to spread that payment over a period of ten years. In addition to that special contribution, we will make an annual membership contribution of approximately €2 million. That means that the cost per year is approximately €3.5 million but, of course, that will be subject to indexation as costs for the organisation rise and as the number of members in ESO change.
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