Mr. Nicholas Cloake:

We see the docklands as being one of the most important business zones on this island. It has provided many jobs over the past number of years and generates significant revenues for the State.

We estimate that there are over 500 businesses, from Fortune 500 companies to small SMEs, many employees of which work, live and socialise in the area. As Mr. Treacy stated, it recently has become synonymous with technology start-ups and the phrase "Silicon Docks" has been coined and has been discussed at many meetings I have held on commercial projects in the past year.

In reality, what we have in the docklands is a business brand. It is a brand that requires nurturing, promoting and managing and we see ourselves as managers, custodians and promoters of this docklands brand. We believe that we hold the position of being the voice of business within Dublin's docklands and we have been doing that successfully for five years.