Seanad debates

Thursday, 17 October 2002

Digital Hub Development Agency Bill, 2002: Second Stage.

 

After the events of 11 September 2001 and subsequent events in the USA, is the commitment of MIT to the MediaLab Europe project as great as it was on day one? The project was first embarked on in mid-2000. Does the Minister think the State will get a significant return from this arrangement? Properties purchased in 2001 and 2002 have in many cases been refurbished. Is that the extent of spending on properties or will the Minister wait until these properties have been reconstructed under public-private partnerships and then allocated? One could then take stock based on the success of the allocation and the number of jobs created and decide whether one wants to move again in order to increase the number of properties required. We would all like if that happened as it would result in the creation of jobs in an area which needs economic regeneration and vibrancy. It would be good for the area.

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