asked the Minister for Industry, Commerce and Energy if he will ensure that every possible financial inducement is offered to a German firm (details supplied) recently negotiating with the IDA and Waterford Corporation for the setting up of a factory in conjunction with the provision of a new airstrip, and if he will make a statement on the matter.
Written Answers. - Waterford Industrial Project.
313.
I am informed by the IDA that, although generous incentives were offered to this firm for the establishment of an industrial project at Waterford, the firm do not now intend to proceed with the project. It is understood that the company will implement the project within its existing plant in Germany.
The IDA, in conjunction with the local authorities, will examine the suitability for other industrial use of the lands purchased by Waterford Corporation and it will shortly appoint consultants to carry out this examination.