This Bill is designed to set up a new State agency. The main function of the body as outlined by the Minister is to promote and facilitate the development of the digital hub as a location for digital enterprises and related activities. To be successful with the strategy, the Government must begin with radical decentralisation of Government administration services and quality state-of-the-art infrastructure for both our physical and electronic communications needs. Enterprise Ireland's strategic plan sets out ambitious targets to be achieved in the identified sectors such as informatics, digital media, e-business and health and sciences by 2007. It is a public private partnership project. I understand there is major investment in the region of €130 million by private sector developments to meet the criteria laid down in the strategy for the digital hub. The aim is to increase sales to almost €4 billion in the next five years, increase exports to almost €3 billion and increase employment to an ambitious 29,000 people over the next decade. I hope the current wide-reaching cutbacks by the Government will not destroy this ambitious plan as it is forward-thinking and exciting.