Oireachtas Joint and Select Committees

Wednesday, 19 April 2023

Joint Oireachtas Committee on Transport, Tourism and Sport

Shannon Foynes Port Company: Chairperson Designate (Resumed)

Photo of Ruairí Ó MurchúRuairí Ó Murchú (Louth, Sinn Fein) | Oireachtas source

With some of the projects, we are talking ten years from now. Some of the projects on the east coast have been in play for a considerable amount of time. Even when nothing was happening, those concerned were keeping local politicians and others updated. In fairness, they have probably done more preplanning than anybody ever has. Some operations will have done it better than others. What will Shannon Foynes Port Company's relationship with EirGrid and the companies be? What are we talking about in respect of ownership?

My fear is that we will not get bang for our buck. Perhaps this State has not got bang for its buck over the years compared with some Scandinavian countries. They had state investment even when there were joint ventures involving private finance or private equity – call it what you will. I am asking Mr. McGarry many questions that fall outside his remit, but why not when he is in front of me?

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