Since becoming available for sale in September 2002, IDA Ireland has, through its national and overseas network of offices, actively marketed the Macroom facility to a range of target sectors and existing client companies, including the pharmaceutical, medical technologies, ICT and international services areas. I am informed by IDA Ireland that the facility has now been sold to a private developer, who proposes to construct a business park there. IDA plans to meet with the developer shortly to discuss the future strategy for the facility.
The major decentralisation package announced in the budget includes 70 jobs to be relocated to Macroom. This move demonstrates the Government's commitment to balanced regional development and will provide a further boost to enterprise development in the area. I assure the Deputy that the State development agencies, under the aegis of my Department, will continue to actively promote Macroom for investment and job creation.