The Airport fully owns the land and will continue to own the land. There has been no transfer of land.
There is £23.6m of drawdown loans available from the TVCA to the airport for the Southside project. This is to allow for infrastructure works to be installed and development to begin.
That has been clear from the very start.
It is the Southside Business Park operating company that is the 50/50 joint venture.
A few years ago I was told that to resurface a mile of road costs £1m, that is just taking the old road surface up and laying a new surface. So to build a new road from nothing, remove a considerable height of land and build a roundabout on an active road with all the foundation work, underground infrastructures and utilities. That is going to cost a considerable amount.