Mervyn Taylor
Question:43 Mr. Taylor asked the Minister for Labour if he has any plans for the commercialisation of any of the activities or services of any agencies under his control in 1990; and if he will make a statement on the matter.
Vol. 395 No. 9
43 Mr. Taylor asked the Minister for Labour if he has any plans for the commercialisation of any of the activities or services of any agencies under his control in 1990; and if he will make a statement on the matter.
44 Mr. Taylor asked the Minister for Labour if he has any plans for the privatisation of any agency or company under his control in 1990; and if he will make a statement on the matter.
I propose to take Questions Nos. 43 and 44 together.
There is only one commercial State enterprise under my control viz. Great Southern Hotels.
As I stated in reply to an earlier parliamentary question of 6 December, the board of GSH is of the view — which I share — that if the group is to further improve its performance and make the greatest possible contribution to the development of tourism it must obtain additional capital beyond what it could expect to generate from its own resources.