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Dáil Éireann díospóireacht -
Thursday, 16 Dec 1999

Vol. 512 No. 8

Written Answers. - Inward Investment.

Bernard J. Durkan

Ceist:

3 Mr. Durkan asked the Tánaiste and Minister for Enterprise, Trade and Employment if she disbursed any funds from her Department's Vote toward the promotion of Ireland as an investment location; and if she will make a statement on the matter. [27390/99]

IDA Ireland has, as part of its mandate, statutory responsibility for the promotion of Ireland as a location for inward investment. Funds are granted by the Oireachtas and disbursed from my Department's Vote to enable IDA Ireland meet its statutory obligations. The allocations made towards each of the subheads under which the agency operates and the corresponding outturns are shown in the following table.

Subhead

1998Estimate

1998ProvisionalOutturn

1999Estimate

1999ProvisionalOutturn*

£m

£m

£m

Subhead C.1 – Administration

11.120

11.2

13.15

not yet available

Subhead C.2 – Capital Grants

134.4

124.4

140

not yet available

Subhead C.3 – Building Operations

6

13.53

4†

not yet available

Source of figures: Revised Book of Estimates 1998 and 1999
†In addition to the £4 million voted under subhead C.3 in 1999, a Supplementary Estimate of £6.113 million was passed by the Dáil on 9 December last.
*The provisional outturn for 1999 will be available with the publication of the Revised Book of Estimates for 2000.
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