Olivia Mitchell (Dublin South, Fine Gael)
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Question 145: To ask the Minister for Finance the nature of the public private partnership for the National Conference Centre; the timescale envisaged for repayments; if the ultimate ownership will be with a private partner or the State; and if he will make a statement on the matter. [7144/09]

Martin Mansergh (Tipperary South, Fianna Fail)
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The Consortium, to whom the National Conference Centre (NCC) Contract was awarded, are required to Design, Build and Finance the Conference Centre and to Operate and Maintain it (DBFOM) for a period of 25 years, after which time it will revert to the State. Payments for the facility will be spread over 25 years and will commence once the NCC is open for business.