Michael Noonan (Limerick East, Fine Gael)
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Question 93: To ask the Minister for Enterprise, Trade and Employment if he will explain his decision not to subsume Shannon Development into Enterprise Ireland; and if he will make a statement on the matter. [31921/06]

Micheál Martin (Cork South Central, Fianna Fail)
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No proposal has been under consideration to subsume Shannon Development into Enterprise Ireland.

The Deputy may be referring to the new mandate which I recently assigned to Shannon Development whereby, following a recommendation from the Enterprise Strategy Group and subsequently approved by the Government, the functions hitherto carried out by the Company under delegated authority from Enterprise Ireland will revert to Enterprise Ireland on 1 January 2007, thereby allowing Shannon Development greater focus on the broader regional economic development aspects of its remit.