asked the Minister for Industry and Commerce the role he envisages for the National Development Corporation in the Government's Programme for National Recovery; if, in pursuit of that role he will ensure that it is not debarred from initiating projects or from taking a majority shareholding in the projects; and if he will make a statement on the matter.
Written Answers. - National Development Corporation Role.
29.
The Government's Programme for National Recovery states that “NADCORP will continue an active, innovative and developmental role in the provision of investment capital to indigenous enterprises. At sectoral level it is also developing particular niches for investment opportunities. It will actively seek out projects of national and a stratetgic importance”. The remit given to NADCORP under the National Development Corporation Act, 1986, will be continued.