Developers in Nama plea

Construction Industry Federation (CIF) director general Tom Parlon wants an increase in the €5 billion to be made available for finishing projects, writes Richard Curran

19th September, 2009

Construction Industry Federation (CIF) director general Tom Parlon went some way towards placing a delicate subject on the agenda last week.

He was speculating about how developers would work with Nama in the future. He referred to a need for ‘‘workouts’’ and to see the business plan for Nama, an agency he hoped would be run on a commercial basis.

Parlon was speaking on RTE radio to defend developers from the...

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