Dáil Éireann Debate, Wednesday - 24 November 2010
138 Deputy Jack Wall asked the Minister for Enterprise, Trade and Innovation the purchase price paid for lands (details supplied) by the Industrial Development Agency; and if he will make a statement on the matter. [44342/10]
View answerUnder the Industrial Development Acts, IDA Ireland has the power to acquire, hold and dispose of land and other property for the purpose of providing sites and premises facilitating industrial development. Accordingly, the management of IDA Ireland's industrial property portfolio is an operational matter for the Agency, as part of the statutory responsibility assigned to it by the Oireachtas, and it is not a matter in which I have a function. The Agency acquires and disposes of land in response to the needs of industry. For reasons of commercial sensitivity and client confidentiality details relating to the costs of land acquisition and disposal are in some cases not made public. I have asked the Agency to respond directly to the Deputy.
