Dáil debates

Wednesday, 17 November 2010

 

International Financial Services Centre

11:00 am

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)

Many jobs have been created in the green sector since the Government came into office. In some cases this has been stop start. There have been thousands of jobs in a range of areas. I remind Deputy Gilmore that this concept is about developing an IFSC cluster and brand, incorporating green investment vehicles, the administration of funds managed under green principles and carbon trading and associated professional services. Much advanced work has been done on this and the draft memorandum for Government will be brought forward. Further consideration is required on a number of issues. We are coming into budget time and some issues arise in this respect. We will deal with this memorandum for Government in due course. It has a priority and it is an area in which we can make some progress. As Deputy Gilmore knows from his party's procedures, once the memo is given to the Government and it makes its decision then we can publicise the issue.

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