Seanad debates

Wednesday, 5 February 2003

Industrial Development (Science Foundation Ireland) Bill 2002: Second Stage.

 

In welcoming the Bill, however, I want to sound a note of warning. The structures created by the legislation, important as they are, will not ensure the success of the project itself. The structures on their own will prove utterly useless if they are not fully backed up by the necessary resources. At a minimum, it should be a five year programme and those who buy into it must be convinced that it will be supported for the full length of the Government's term of office and beyond. The credibility of the entire project will be fatally undermined if the Government does not deliver the promised funds. I realise that we can only make certain promises and I know the Tánaiste will do her best, but that credibility is important because the entire project depends upon it. I would like the Tánaiste to provide an assurance that such support will be guaranteed for the duration and that this ambitious project will not be allowed to fall foul of the cost-cutters in the Department of Finance.

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