Brendan Howlin
Ceist:107 Mr. Howlin asked the Minister for Communications, Marine and Natural Resources if the Government is considering the privatisation of any port companies; and if he will make a statement on the matter. [17047/02]
Written Answers. - Port Development.
A high level review of the State commercial ports operating under the Harbours Acts, 1996 to 2000 is currently under way.
One of the aspects of the review is to examine the adequacy and appropriateness of the current model for ownership and the governance of the ports sector. The review will seek to identify and evaluate appropriate options for the ownership and corporate governance of the ports, including strategic alliance and wider share ownership possibilities and enhanced private sector involvement. The prime objective of the review is to identify how to ensure that the ports are structured to provide the best service to port users and the Irish economy. A secondary objective is to ensure that the ports have access to adequate funding to meet the longer term infrastructural needs of this sector of the economy. The study is fully inclusive and involves a full consultation process with all relevant stakeholders and interested parties.
As I stated publicly at the Irish Ports Association national conference on 27 September last, I have an open mind as to the best management, operation and ownership arrangements for the ports industry and its customers. I have undertaken to publish the study findings when it is completed, which I expect to be in a position to do early next year.