I welcome the announcement that the Chinese Sovereign Wealth Fund, CIC, has signed an agreement with the Taoiseach and the Chinese Premier to invest significant funds in Irish projects. In February, during the visit of the expected next Chinese Premier, I wrote to the Chinese Embassy about the need for funding for this PPP which is let to the HSE and local Doctors. This would be a good investment for them.

The previous funding has dried up due to the financial crisis and I am keen to get the next stage of the harbour building finalised and for the improved health facilities. I have now asked Simon Harris T.D. to try to get financing through this inter-Government arrangement. While this is a long shot it is worth being positive, thinking laterally, and trying all options.