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Foreign Direct Investment

Dáil Éireann Debate, Wednesday - 15 September 2021

Wednesday, 15 September 2021

Questions (69)

Dara Calleary

Question:

69. Deputy Dara Calleary asked the Tánaiste and Minister for Enterprise, Trade and Employment the progress over summer 2021 on the development of an IDA property (details supplied) in County Mayo; and if he will make a statement on the matter. [43205/21]

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Written answers

IDA actively promotes available buildings and land in IDA Business Parks and high-quality buildings in private ownership through their network of overseas offices. IDA Ireland owns approximately 10.6 hectares of industrial zoned land on the Sligo Road in Quignashee, Ballina.  

As the Deputy is aware, planning permission was previously obtained for infrastructural development, although this has since expired, the site has subsequently been concept master planned by the IDA to demonstrate its potential and market the site to existing and prospective investors.

IDA Ireland has appointed an engineering firm to undertake detailed technical due diligence, review the master plan design and submit a Stage 1 Infrastructure Planning application, which IDA Ireland expects will be ready for submission in Q3 2021, subject to on-going review. 

IDA Ireland is working in collaboration with Mayo County Council to support the objectives of their new strategy and to ensure the infrastructure development will be complementary to the wider development plans for Ballina.  The site, once developed, will be positioned and marketed as a suitable location for indigenous and FDI developments. 

Over the past number of months, IDA Ireland’s focus has been on helping to protect and grow jobs within its client company portfolio through stabilisation and recovery. IDA Ireland has worked to support to the fullest extent possible client companies throughout the pandemic and the Agency will continue to engage closely with them to help retain, transform and position them for future growth.

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