Written answers
Tuesday, 24 March 2009
Department of Finance
Tourism Investment Schemes
9:00 pm
Pat Breen (Clare, Fine Gael)
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Question 194: To ask the Minister for Finance the number of projects which have been received for inclusion under the mid-Shannon tourism investment scheme; if he will extend the 1 June 2009 deadline for this scheme; and if he will make a statement on the matter. [11253/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The approval and certification of projects under the Mid-Shannon Tourism Infrastructure Investment Scheme is a matter for the Mid-Shannon Tourism Infrastructure Board in accordance with guidelines issued by the Minister for Arts, Sport and Tourism in consultation with the Minister for Finance.
The Review Board of the Mid Shannon Tax Incentive Scheme and the executive teams within Fáilte Ireland and Shannon Development have undertaken extensive promotion of the scheme since its inception. Briefings have been held with industry groups throughout the targeted region, and local authorities have also been engaged to ensure their support for the scheme and projects that might result from it. Whilst the executive teams have received many enquiries and expressions of interest among industry practitioners and engaged with them in developing their thinking, to date there have been no formal applications to the Board.
Any proposals to amend the scheme like all proposals for new tax or expenditure measures, will fall to be considered in the context of the ongoing development of budgetary and economic policy.
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