Oireachtas Joint and Select Committees

Wednesday, 19 June 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Disposal of State Assets and Quarterly Review: Discussion with Minister for Public Expenditure and Reform

6:25 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent)
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Great. I guess my point is that it needs a change because while Coillte could claim it also knew that, when one compares Ireland's infrastructure with foreign infrastructure, it is not matched by reality. While it is wonderful for Coillte to make this point, there is an opportunity for investment, which probably would be at a low cost or would not be capital intensive. Did I hear the Minister or Ms Fitzpatrick state, in respect of NewERA, that in time there would be borrowing and that a debt facility would be available? Will such borrowing for the NewERA companies be off balance sheet?