asked the Minister for Industry and Commerce if he will give any reasons for Limerick city's not being successful in attracting new industries in recent years.
Ceisteanna—Questions. Oral Answers. - New Industries.
39.
I would refer the Deputy to my statement last night on the Adjournment.
40.
asked the Minister for Industry and Commerce the number of new industries which have been established in (a) Dublin, (b) Cork, (c) Limerick, (d) Waterford, and (e) Galway since 1st April, 1965; and the total amount paid in grants, and the total employment content of the new industries in respect of each centre.
The information is in the form of a tabular statement which, with your permission, a Cheann Comhairle, I propose to have circulated with the Official Report.
Following is the statement:
New industries and extensions of existing industries established in (a) Dublin, (b) Cork, (c) Limerick, (d) Waterford and (e) Galway and payments made on foot of grants approved by An Foras Tionscal in the period 1st April, 1965 to 31st March, 1967.
|
Number of New Industries and Extensions Established |
Total Grants Paid |
Potential Employment Content |
|
|
£ |
|||
|
(a) Dublin |
23 |
164,000 |
1,800 |
|
(b) Cork |
5 |
44,000 |
280 |
|
(c) Limerick |
2 |
41,000 |
190 |
|
(d) Waterford |
5 |
48,000 |
120 |
|
(e) Galway |
4 |
—* |
360 |
* Grants totalling £352,000 were approved in the period but no payments were made.
41.
asked the Minister for Industry and Commerce if he will give details of the State assistance available for the establishment of new industries in (a) Limerick city, (b) Shannon Airport and (c) Galway city.
Details of State assistance available for the establishment of new industries are as follows for:
Limerick city: A grant of up to one-half of the total amount of the costs of factory sites, site development, factory buildings and machinery, plant and equipment is available, but, where An Foras Tionscal are of the opinion that there are sound economic reasons why the undertaking cannot be established or developed in the undeveloped areas and other exceptional circumstances exist, a grant of up to two-thirds of the total amount of such costs can be made. Grants are available for the training of workers comprising actual wages plus travelling and subsistence expenses if trained abroad. Profits arising from exports are exempted from income tax and corporation profits tax for ten years, up to 1979-80.
Shannon Industrial Estate: A grant of up to the full cost of buildings and up to half the cost machinery is available. Alternatively, factories, warehouses or office accommodation can be rented at economic or subsidised rents with the option to purchase or sites can be provided on which a company may construct its own building. There is total exemption from income tax and corporation profits tax arising from exports up to 1983.
Galway city: Grants are available of up to two-thirds of the total costs of factory sites, site development, factory buildings and machinery, plant and equipment. The local authority is empowered to grant two-thirds remission of rates for ten years on premises provided by means of a grant by An Foras Tionscal. Profits arising from exports are exempted from income tax and corporation profits tax for ten years, up to 1979/80.
Galway Industrial Estate: On the industrial estate in addition to the facilities available in Galway city generally, factories built in advance of demand will be available for renting to industrialists. The rents charged will reflect the capital grant which could have been provided if industrialists had built their own factories. Estate factories may also be rented with the option to purchase. Projects located on the estate will, in addition, be eligible for consideration for industrial grants towards the cost of plant and machinery.
Facilities available at all three centres: The training grants available for industries located in Limerick are also available at Shannon and Galway. Where a grant is made towards the cost of providing buildings, or machinery and equipment, An Foras Tionscal may make a grant towards the capital cost of the provision of electricity by the Electricity Supply Board. Any such grant made may not exceed one half of the capital cost payable to the ESB. An Foras Tionscal may guarantee the payment of money payable to the ESB in respect of the capital cost of the provision of electricity supply.