Mr. Leo Clancy:

It is done and finalised; the Chairman is right. We are very optimistic that we will see renewed economic growth. We had the opportunity over the last week to meet the chief executives of both Invest Northern Ireland and InterTradeIreland. We have agreed to co-operate and collaborate on schemes that help lift the economic fortunes and prospects of both sides of the Border. We are very positive about this.

I know there are certain restrictions on Enterprise Ireland utilising those sites. There is one in Laois. A few years ago, many of us were pushing at a political level for action. At that stage there was a lack of IDA activity, and in some ways there continues to be. Indigenous enterprises wanted to move into the site. As I recall, in one case in Offaly an exception was made by the then Minister, Deputy Bruton, to allow an indigenous company to locate on an IDA site. The IDA has purchased a 55 acre site just outside Portlaoise, south of the town. I hope that will be successful and that the IDA will be able to fill it. The witnesses might be aware the county council has taken its own initiative and set up the Togher business park, which is situated on what I call the crossroads of Ireland. It is not alone the roads, but the rail network crosses it as well with the Dublin to Limerick and Cork lines meeting there. The business park is within metres of the rail line so it is a very strategic location. That is flying. I know Enterprise Ireland has had an involvement there and it is welcome and appreciated. From talking to councillors and council officials I know they feel the business park has been a success. In terms of the IDA site, and the related significant Bord na Móna site, not just in Portlaoise but there are significant sites across Offaly. In terms of the IDA location, is it the case that Enterprise Ireland may be able to utilise part of that site? We do not know what is going to happen with foreign direct investment. Because we are the only English-speaking country attached to a golden market opportunity of 460 million people, that opens up an opportunity for us. However, if indigenous companies want to move in there, is it possible? Has there been any level of discussion with the IDA on that around the country or with the Department?