State ‘will not rush into Docklands deal’

THE Government last night said it would not be rushed into securing tax incentives for Cork’s Docklands project without first ensuring those incentives would not breach EU State aid regulations.

While announcing the Finance Bill yesterday Minister Brian Cowen said the Government was looking at how it could get round the EU legislation to put the incentives in place for developers to take on the e2 billion Docklands project.

However, he said it would take time and consultation.