Fine Gael Spokesperson for Finance, Michael Noonan, has claimed that the cabinet is considering proposals to cut back the activities of the Shannon Development Company. He outlined what he claimed were proposals from Minister for Industry and Commerce, Desmond O’Malle. Minister O'Malley has refused to comment, but the Shannon Development company has confirmed that changes are likely.

Report shows headquarters of the Shannon Free Airport Development Company (SFADCO).

Bunratty Castle, County Clare.

Shannon Free Zone business park.

Shannon Industrial Zone.

Road signs.

Sign for the Shannon Free Zone.

SFADCO headquarters.

Minister Desmond O’Malley.

Sign for a Shannon Development industrial estate.

To camera Michael Lally.

Interview with Michael Noonan on what he sees as a proposal to close down SFADCO and have the Industrial Development Authority (IDA) take it over.

SFADCO offices.

The reporter is Michael Lally.

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