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IDA Ireland Portfolio

Dáil Éireann Debate, Thursday - 20 October 2016

Thursday, 20 October 2016

Questions (302)

Niall Collins

Question:

302. Deputy Niall Collins asked the Minister for Jobs, Enterprise and Innovation the advanced factory units that the IDA have in each county in tabular form; the factories to be built in 2017; the factories planned under each regional jobs action plan; the timeline for delivery; and if she will make a statement on the matter. [31341/16]

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Written answers

In February 2015 the Government announced the Regional Action Plan for Jobs. This is a five year €250m investment strategy aimed at accelerating the jobs recovery in every part of the country. The plan includes the delivery of a €150m IDA Ireland property investment programme. This programme is designed to attract foreign direct investment (FDI) to the regions by providing an advance supply of suitable property solutions for potential and existing IDA Ireland clients.

Advance facilities were constructed and completed in Letterkenny, Athlone and Waterford in 2014 and early 2015. The builds in Letterkenny and Athlone are now occupied and the Waterford facility was sold in September 2016.

Under the property investment programme, the Agency plans to deliver a further nine facilities in Sligo, Tralee, Castlebar, Galway, Dundalk, Limerick: Athlone (2nd build), Carlow and Waterford (2nd build) by 2019. As part of Budget 2017 I secured a significant increase in IDA Ireland’s capital allocation, which will amount to €137 million next year. This increased funding will allow the Agency to continue to roll out advance facilities as part of its property investment programme. Further details on the status of these facilities can be found in the following table:

IDA Ireland Regional Property Investment Programme Advance Facilities

Action Plan

Location

Status

North East / North West

Sligo

Under construction

West

Castlebar

Under construction

South West

Tralee

Under construction

Mid West

Limerick

Design Stage

North East / North West

Dundalk

Design Stage

West

Galway

Design Team Appointment

Midlands

Athlone

Design Team Appointed

South East

Carlow

Concept &

Site Selection evaluation ongoing

South East

Waterford

Concept &

Site Selection evaluation ongoing

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