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IDA Ireland

Dáil Éireann Debate, Thursday - 11 April 2019

Thursday, 11 April 2019

Questions (100)

Alan Kelly

Question:

100. Deputy Alan Kelly asked the Minister for Business, Enterprise and Innovation when the new advance factory locations for inward investment will be announced; and if she will make a statement on the matter. [17061/19]

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Written answers

The IDA's €150m Regional Property Programme (RPP) is designed to provide property solutions for overseas companies considering investing or expanding in Ireland. As part of Budget 2019, I announced an additional €10 million in funding for the RPP. These increased resources will enable the IDA to develop new buildings as part of the next phase of the Programme in Dundalk, Monaghan, Athlone, Waterford, Limerick, Galway and Sligo. 

As the IDA's record 2018 results demonstrated, significant progress has been made in terms of generating new foreign direct investment-driven employment opportunities outside of Dublin. In fact, 58% of all IDA client-supported employment is now located outside the capital. I am confident that the next phase of the RPP will help us increase that percentage even further in the years ahead.

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