Seanad debates
Thursday, 17 October 2002
Digital Hub Development Agency Bill, 2002: Second Stage.
The Government has provided funding for the digital hub amounting to $130 million in total. Property purchase amounting to $74 million has now been completed by the Office of Public Works on behalf of DMDL. This property remains vested in the Office of Public Works pending the enactment of this Bill. Also included in this is property to house MLE, in line with the agreements to establish it between the Government and the MIT. This will remain vested in the Office of Public Works. With property purchase for the hub now completed, the process of refurbishment has begun with the first phase of enterprise space coming on stream this month. The second phase, a joint venture between DMDL, Enterprise Ireland and Dublin City Council to develop the former Guinness Print Works as a high-tech accelerator centre, is due for completion next summer.
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