The management of IDA Ireland's industrial property portfolio is a day to day operational matter for the agency and not one in which I have a direct function.
From inquires I have made of the agency I understand that IDA Ireland agreed in principle to sell a 2.5 hectare site at Monasterevin, County Kildare, to Kildare County Council in April 2003. The site is part of a transaction involving the disposal of IDA lands at Kildare Town, Monasterevin and Castledermot.
The transaction was approved by the IDA Ireland board on the basis that the council would use the land to encourage industrial development activities in line with the agency's statutory remit. As discussions are ongoing between the agency and the county council, it would be inappropriate for me to comment further.