Annual Report 2021

Page 55

RURAL DEVELOPMENT DIRECTORATE subsidiary company Shannon Heritage DAC to Clare County Council. Shannon Heritage DAC would then become a subsidiary company of Clare County Council. The commencement of the Due Diligence Process is a pledge by both statutory bodies to provide for an in-depth review and focus on the recovery from the devastating impact the Covid-19 pandemic has had on the tourism industry, the airport and on overseas visitors to the Mid-West region. The central role that Clare County Council plays in tourism product development and sustainable tourism development, has made the organisation a natural fit to explore this opportunity with Shannon Group Plc. Clare County Council has

LEONARD CLEARY Director of Rural Development

Shannon Heritage DAC Due Diligence Process

Clare County Council was requested by Cabinet to commence discussions with Shannon Group in relation to the proposed transfer of Shannon Heritage DAC County Clare based tourism sites to Clare County Council, including as part of the proposed transfer at national level from the Department of Transport to the Department of Housing, Local Government and Heritage. In June 2021 Clare County Council commenced a Due Diligence Process to consider the potential transfer by Shannon Group Plc of its

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