Dáil debates

Wednesday, 22 February 2012

3:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)

The Government is in the process of establishing the strategic investment fund, which is a welcome development and can be used to channel investment into viable commercial projects. In that regard, is the Minister open to the proposal we made in our budget document in December and which is also supported by ICTU, that a portion of the €70 billion of assets held by Irish pension funds would be accessed and made available for investment through the strategic investment fund into commercial projects in Ireland? Will he consider this?

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