Government urged not to sell semi-states to simply raise money

THE country’s advisory body for enterprise policy has warned the Government it should not look at the potential sale of valuable semi-state assets as simply a money-raising exercise.

Forfás said there had to be a strategic policy to see how infrastructure could best be developed and how to support businesses around the country.

In a report on the role of State-Owned Enterprises [SOE] it said the concerns of those who use the services of these companies should be most important.