Mr. Brendan Gleeson:

Coillte does not do it. When we looked at our national targets, we said that Coillte has to get back in the game and supplement the private planting from other private landowners if we are to meet our targets. It looked at this as a way of attracting private investment into the forestry sector. It came up with this proposal. Many people did not like it. It was an imaginative way of combining loan funds from the Exchequer with private investment funds.