Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency

12:30 pm

Mr. Frank Daly:

As far as I am aware, it is generally agreed by everyone that the current permission is not really viable and one must move to a new one that perhaps may have a somewhat more simplified mix on the site of retail and perhaps some residential and so on. However, I am aware that the city council also intends to be very active with regard to access to the site and from Dungarvan, Kilkenny and all of that. It comes back to the point that if we can see something commercially viable coming out of there, we certainly will be very active in there. I do not wish to get into legalities here but there may possibly be an issue in the background there that must be solved along the way.