As the Deputy is aware, Shannon Development was established as a regional development agency in 1959. Over the years, its remit has evolved to include a unique mixture of both industrial development and tourism development. Its geographical area of responsibility covers the mid-west region, particularly the counties of Clare and Limerick, as well as parts of counties Offaly, Tipperary and north Kerry.
In so far as my area of responsibility – enterprise policy – is concerned, Shannon Development has exclusive statutory responsibility for enterprise development in the area known as the Shannon free zone, a clearly defined area which is set out in the Shannon Free Airport Development Company Limited Acts. No other agency operates in this zone.
In the area of attracting foreign direct investment for the remainder of the mid-west region, IDA Ireland has sole responsibility. Shannon Development does not have a role in this context. The policy adopted by IDA Ireland in the mid-west region mirrors its operations throughout the rest of the country, thus ensuring a common basis for attraction of FDI.