asked the Minister for Transport and Power the total State investment up to the present in Shannon Airport.
Ceisteanna—Questions. Oral Answers. - Shannon Airport Investment.
85.
The total amount of State capital investment in Shannon Airport up to 31st March, 1969, the latest date for which figures are available, was £6.710 million. In addition, at that date, State capital amounting to £12.217 million, made up as follows, had been made available to the Shannon Free Airport Development Co. Ltd.
|
Share capital taken up by the Minister for Finance in the Shannon Free Airport Development Company Ltd. |
£5.856 m. |
|
Repayable advances issued by the Minister for Finance to the Company |
£4.195 m. |
|
Non-repayable grants to industrialists |
£1.993 m. |
|
Grants equivalent to those payable under the Housing Acts |
£0.173 m. |
|
Total for Shannon Free Airport Development Company Ltd. |
£12.217 m. |
They are going to spend a lot——
In my view Shannon has arrived in a very big way despite much criticism and obscurantist opposition.