Michael McCarthy (Cork South West, Labour)
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Question 642: To ask the Minister for Agriculture, Food and the Marine the position regarding Coillte as a State asset being considered for sale; and if he will make a statement on the matter. [34452/12]

Simon Coveney (Cork South Central, Fine Gael)
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The Government has decided, in the context of the State asset disposal programme, that consideration would be given to the sale of Coillte, excluding the land. Work has been undertaken in the interim by NTMA/NewERA to determine the valuation of Coillte. While an indicative valuation has been received, further work is required to refine this.