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Córas Iompair Éireann

Dáil Éireann Debate, Tuesday - 12 June 2018

Tuesday, 12 June 2018

Questions (115)

Mick Barry

Question:

115. Deputy Mick Barry asked the Minister for Transport, Tourism and Sport if he will report on his comments at the recent public transport round-table event regarding the possibility of an employee share ownership scheme being introduced in the CIÉ group; and if he will make a statement on the matter. [25391/18]

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Written answers (Question to Transport)

As the Deputy is aware, on 21 May 2018 I hosted a round-table dialogue on public transport policy as part of work by my Department - in line with a commitment in the Programme for a Partnership Government - to review public transport policy to ensure services are sustainable into the future and are meeting the needs of a modern economy and to develop a policy statement for the sector.

This stakeholder event brought together a wide range of representatives of consumer and passenger interests, public transport operators, unions, business groups, environmental interests, research institutes and the academic community, regulators, and policy makers.  A wide variety of issues significant to the public transport sector were discussed, including potential challenges and competing priorities likely to arise in the future across all aspects of public transport provision including economic, social and environmental considerations.

At the close of the event, I put forward a proposal for possible share options for workers in the CIE Group of companies and indicated I would ask for NewERA to examine the proposal. As I emphasised at the time, my suggestion is in no way linked to an intention for privatisation.  Rather, I am interested in seeing how such a scheme could be implemented and how it would align with the interests of passengers, the staff and management.  NewERA has now been asked to progress this initiative and will be advising me on the matter in the near future.

Question No. 116 answered with Question No. 73.
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