Dáil Éireann Debate, Thursday - 23 February 2017
373. Deputy Éamon Ó Cuív asked the Minister for Agriculture, Food and the Marine his plans to provide EIB cheap loan finance for the purchase and the planting of land in forestry in view of the importance of forestry to the country; and if he will make a statement on the matter. [9396/17]
Amharc ar fhreagraIt is a matter for the European Investment Bank(EIB) as to whom it provides loan finance and for what purpose.
While my Department does not provide finance for the purchase of land for forestry, the Government recognises the importance of the forestry sector in Ireland by providing 100% establishment grants to land owners to encourage them to plant, as well as premium payments for 15 years.
