Dáil Éireann Debate, Tuesday - 15 June 2004
125 Mr. Ring asked the Tánaiste and Minister for Enterprise, Trade and Employment if, in regard to the factory of a company (details supplied) built in Crossmolina, County Mayo, the IDA pays rent or has the lease on the property; if so, the length of time this has been the case; and the amount being paid. [17198/04]
View answerThe management of IDA Ireland's industrial property portfolio, including decisions regarding location and size of land owned by IDA Ireland, are day-to-day operational matters for the agency and not matters in which I have a function.
IDA Ireland has informed me that it has no property interests in Crossmolina, County Mayo. The factory to which the Deputy refers was constructed by the local community. While an existing IDA-supported company had planned to use the facility to accommodate an expansion of its operations, the company has decided to put its plans on hold pending market developments. Any agreement the company may have with the owners of the factory, including any rent the company may be paying to reserve the factory for its use, would be a matter between the parties concerned.
