Dáil Éireann Debate, Tuesday - 13 June 2023
468. Deputy Catherine Murphy asked the Minister for Enterprise, Trade and Employment if he will provide a schedule of lands and building owned and leased by the IDA; the date on which they were purchased and or leased; and the duration of leases and costs associated with each purchase and lease. [28189/23]
View answerIDA’s Property strategy sets out ambitious plans for the delivery of advanced building solutions in regional locations and key capital-intensive regional infrastructure to support the Organisation’s Strategy.
The timely provision of appropriate, innovative and cost-effective property and infrastructure solutions that meet the needs of Multi-National Companies (MNC’s) at the forefront of the modern economy remain essential to winning FDI. In a challenging, competitive and uncertain global environment, IDA’s regional property programme ensures the supply of land, buildings and infrastructure in regional locations as required by current and prospective clients of both IDA and Enterprise Ireland.
A robust property and infrastructure ecosystem can be the key differentiator in winning FDI projects, as evidenced by the record regional results achieved under IDA’s 2015-2019 strategy & its current Strategy - Driving Recovery and Sustainable Growth 2021 - 2024.
The regional property programme is a significant driver of investment in quality building & land solutions in regional locations. Attached, as requested by the Deputy, is a list of the available IDA land & building assets as at year end 2022. These assets have been acquired over many years and the costs associated with the acquisition of such assets would include legal fees, property agents’ fees, together with due diligence fees associated with engineering review of the suitability of the property. All these services are engaged in line with public procurement guidelines and total are commercially sensitive.
