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Foreign Direct Investment

Dáil Éireann Debate, Tuesday - 8 February 2022

Tuesday, 8 February 2022

Questions (164)

Alan Dillon

Question:

164. Deputy Alan Dillon asked the Tánaiste and Minister for Enterprise, Trade and Employment the progress made by the strategic property division of the IDA on delivering an IDA land bank and utility intensive strategic site to future-proof its property portfolio in Castlebar, County Mayo and to support the delivery of the advanced building solution by 2024; the engagement that has been undertaken with Mayo County Council to develop infrastructure to access a suitable site; and if he will make a statement on the matter. [6311/22]

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Written answers

The timely provision of appropriate, innovative, and cost-effective property and infrastructure solutions that meets the needs of MNCs remains essential to winning FDI. IDA Ireland’s regional property programme aims to ensure availability of land, buildings and infrastructure in regional locations for current and prospective clients of both IDA and Enterprise Ireland. Over the last 5 years, IDA Ireland’s Regional Property Programme has enabled the winning of capital-intensive projects of significant scale to regional locations.

Under their new strategy, “Driving Recovery & Sustainable Growth 2021-2024 ” IDA Ireland is targeting the delivery of 19 Advanced Building Solutions (ABS) to regional locations, including a second Advanced Building Solution in Castlebar. I am advised that the Agency has commenced the process of evaluating suitable site options in Castlebar and is engaging with local stakeholders including Mayo County Council as part of this process. I am not in a position to provide further detail at this point.

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