Minister of Industry and Commerce comes under fire Skip to content

Minister of Industry and Commerce comes under fire

A bill put forward by the Minister for Industry and Commerce, Valgerdur Sverrisdóttir, faces opposition from both her parliamentary colleagues in the Progressive Party and Independence Party. The two parties form the current governing coalition in Iceland.

According to Fréttabladid, Valgerdur’s bill calls for merging the Icelandic Building Research Institute, the Technological Institute of Iceland and the Regional Development Institute (Byggdastofun) into one institution to be named “The Icelandic Center for Entrepreneurship”. The merged institution is to be located at Saudarkrókur, a town of approximately 2,700 people located in Skagfjordur on the north coast, about 4 hours drive from Reykjavík.

On his website fellow Progressive Kristinn H. Gunnarsson criticized various aspects of the bill, including the proposed governance structure of the merged institution and its location. He also criticized the fact that the minister publicly announced the bill before discussing it with her fellow Progressive MP’s and said the way she had handled the bill was “unacceptable”.

Icelandic National Broadcasting Service, RÚV, reported this morning that MP’s for the Independence Party were “against” the minister’s bill.

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