Written answers
Tuesday, 6 October 2009
Department of Finance
Private Sector Investments
9:00 pm
Joe McHugh (Donegal North East, Fine Gael)
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Question 247: To ask the Minister for Finance his views on whether international investors would be prudent to invest in commercial property here and development land in view of the fact that prices of same have dropped by more than 50% since 2008; and if he will make a statement on the matter. [33016/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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As Minister for Finance I welcome international investment into Ireland and we are all aware of the essential role discharged by international investment in supporting the Irish economy.
As Minister, I am not in a position to provide investment advice to investors in relation to the Irish property market or any other market.
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