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Coillte Teoranta Harvesting Rights Sale

Dáil Éireann Debate, Tuesday - 28 May 2013

Tuesday, 28 May 2013

Questions (565)

Joe McHugh

Question:

565. Deputy Joe McHugh asked the Minister for Agriculture, Food and the Marine if he will provide an update on proposed changes to the ownership of Coillte. [25426/13]

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Written answers

Coillte was established as a private company in accordance with the Forestry Act 1988, which provided for the issue of shares to the Minister for Public Expenditure and Reform and the Minister for Agriculture, Food and the Marine. It is therefore a State owned company. I wish to reiterate that it is the sale of the harvesting rights to Coillte’s forests that is under consideration and not the sale of the land or the company. The overall analysis on the proposed sale of Coillte harvesting rights has been finalised, the outcome of which is currently being considered by the Minister for Public Expenditure and Reform and myself. It will be brought to Government in due course for consideration.

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