The failure by the Minister for Finance to exempt investments in the Dublin Docklands from the £25,000 maximum limit for capital allowances for individual investors could threaten the viability of the project, the Dublin Chamber of Commerce has warned.

The chamber is calling on the Minister to reconsider the issue. The Docklands Development Plan envisages an investment of £1.3 billion by the private sector from a total investment package of £1.6 billion. These targets were set prior to the announcement in the Budget of the new capital allowance restrictions. There had been an expectation that the Finance Bill might exempt the docklands from the £25,000 limit and "the failure by the Minister to introduce such an exemption in the Finance Act could threaten the project", according to a statement from the chamber.