Tuesday, 24 April 2018
Department of Transport, Tourism and Sport
40. To ask the Minister for Transport, Tourism and Sport if he has reviewed the risk assessment report and the due diligence report into Dún Laoghaire Harbour Company received by Dún Laoghaire-Rathdown County Council; his views on these reports; and if he will make a statement on the matter. [17784/18]
Dun Laoghaire Harbour Company (DLHC) is designated under National Ports Policy 2013 to transfer to Dun Laoghaire Rathdown County Council.
The Chief Executive (CE) of Dun Laoghaire Rathdown County Council procured consultants to conduct the due diligence of the port company in preparation for transfer and presented the summary report to the Council on 9 January 2017. The procurement and management of the due diligence process is a matter for the CE.
As the due diligence report raised a number of further issues for clarification, the CE engaged a financial consultant to carry out a risk assessment to enable the Council to fully understand the implications of the two different models of transfer, and, the responsibility that will transfer in financial and other terms.
The CE presented the completed risk assessment report to the Council at a Special Meeting held on 6 March 2018. At that meeting the CE concluded, having carried out due diligence and a risk assessment on Dun Laoghaire Harbour Company, that the most appropriate model for the company is the transfer and dissolution model. The Council supported the CE in this regard.
I understand that the main issue now outstanding relates to remedial works in the harbour and how those works will be funded.
National Ports Policy clearly states that there is no Exchequer funding for any port company.
My Department has been informed that there is no immediate Health and Safety issue with any pier in Dun Laoghaire.
It is normal procedure in port companies to prioritise engineering and remedial works and to phase those works and the funding to undertake those works, over a period of time (immediate, medium and long term).
The port has a substantial asset which will transfer to the Council.
My officials are in touch with officials in the Department of Housing, Planning and Local Government to discuss any matters outstanding.