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Dáil Éireann debate -
Wednesday, 27 Nov 1963

Vol. 206 No. 2

Ceisteanna—Questions. Oral Answers. - Potez Enterprise.

48.

asked the Minister for Industry and Commerce what is the employment potential of the enterprise being set up by Messrs. Potez at Baldonnel; and what amount of State grants or loans has been (a) sanctioned and (b) paid to Messrs. Potez.

The information sought by the Deputy as regards State grants is given in the statutory report of An Foras Tionscal for the year ended 31st March, 1963, which was presented to Dáil Éireann on 7th August, 1963. I am advised that there has been no State loan to the company. The Deputy will be aware of the provision made in the Táisci Stáit Teoranta Act, 1963, for the State participation in the shareholding.

I do not think it desirable that a commercial company should be asked by me for details of their employment intentions for publication but the promoters have themselves announced that when the aircraft factory is in full production it will employ 1,600 workers.

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