The management of IDA Ireland's industrial property portfolio is a day-to-day operational matter for the Agency and not one in which I have a function. Under the Industrial Development Acts establishing the Agency the Minister of the day may give policy directions to the Agency but is specifically precluded from giving directions to the Agency regarding specific undertakings or from giving preference to one area of the Country over any other.
I understand, however, that progress regarding the acquisition of the 27 acre site on the Sligo Road was delayed due to lengthy legal proceedings over which the Agency had no control. These proceedings are near finalisation and the Agency is in continuing discussion with the Council with a view to an early resolution of the matter.