Under the Industrial Development Acts, the management of IDA Ireland’s property portfolio, including the provision of buildings for client companies, is a day to day operational matter for the Agency and not one in which I have a function.
I am informed by IDA Ireland that the Agency has identified a number of locations where the private sector is unable currently to develop property solutions and in order to boost regional development and win new business, IDA proposes to build advanced manufacturing facilities in Waterford and Athlone and office space in Letterkenny. These locations have been chosen on the basis of projected opportunities, which IDA are competing to win for Ireland, thus resulting in appropriate solutions for such opportunities. I understand from IDA Ireland that it will continue to assess the requirements in other regional locations on an ongoing basis.