Paul Kehoe (Wexford, Fine Gael)
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Question 451: To ask the Minister for Enterprise, Trade and Employment if his attention has been drawn to the fact that a company (details supplied) deferred a decision to establish a facility in Wexford; if he has met with the company in this regard; if energy costs and difficulties with energy supply factors are contributing to the deferral of the decision; and if he will make a statement on the matter. [11777/07]

Micheál Martin (Cork South Central, Fianna Fail)
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I am aware of the decision of the company in question to defer its proposal for a new facility in Wexford. I have confidence that the company will continue to evaluate its position with a view to a positive conclusion for Wexford.

IDA Ireland is the state agency responsible for the attraction and expansion of foreign direct investment in Ireland. The performance of all functions in this regard is a day-to-day operational matter for the Agency whose policy it is not to disclose information regarding confidential discussions with potential investors.

As can be seen from the foregoing, I have no discretion with regard to the 40% due to the Social Insurance Fund. I have no legal powers to divert — from the Social Insurance Fund to the employees concerned — monies which may be recovered from the assets of Castlemahon Food Products.