Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of NAMA: Discussion

2:30 pm

Mr. Brendan McDonagh:

Absolutely. We are looking for people to enter into joint ventures with and sell sites under licence. Such operators will not be able to put up all the money up front but every time they build and sell a house, they can pay us for the site. We have done that already. I am very much in favour of new people revitalising the construction industry on a sustainable basis.