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IDA Portfolio

Dáil Éireann Debate, Thursday - 13 March 2014

Thursday, 13 March 2014

Ceisteanna (90)

Éamon Ó Cuív

Ceist:

90. Deputy Éamon Ó Cuív asked the Minister for Jobs, Enterprise and Innovation the amount of land holdings and industrial estates and parks held by the Industrial Development Agency outside the gateway cities, the hub towns and their immediate environs; his views on whether IDA Ireland is the appropriate agency to be promoting these locations; if it would be more appropriate for these to be managed by another entity such as the Western Development Commission, Enterprise Ireland or the local authorities; and if he will make a statement on the matter. [12613/14]

Amharc ar fhreagra

Freagraí scríofa

Details of the land holdings of IDA Ireland outside of the gateway cities and hub towns are set out in the attached tabular statement. IDA Ireland also provides property solutions to companies who are clients of Enterprise Ireland. Under the Industrial Development legislation, IDA Ireland is independent in the exercise of its property function. The empirical results of international research has demonstrated that the availability of suitable property solutions is a key element in the location decision making process undertaken by prospective investors in determining where projects will locate. Most international development agencies with which IDA competes hold substantial stocks of such properties.

As part of the restructuring of Shannon Development, the enterprise support functions have transferred to IDA Ireland and Enterprise Ireland. IDA Ireland is assuming responsibility for FDI companies in the Shannon Free Zone. Part of the restructuring will also result in IDA purchasing lands in the National Technology Park in Limerick and the Raheen Business & Technology Park from Shannon Development.

In recent years IDA Ireland has taken the decision to rationalise its non-core land holdings in a number of locations throughout the country. Land holdings are initially offered to Local Authorities and recent examples of rationalisation of IDA Ireland non-core lands completed include the transfer of lands to Roscommon County Council, Donegal County Council, Wicklow County Council and South Dublin County Council. In addition, current transfers in legal process include Cork County Council, Leitrim County Council, Wexford County Council and discussions are ongoing with Galway County Council, Sligo County Council, Dún Laoghaire Rathdown County Council and Kilkenny County Council. The Agency has explained that non-core lands which are not required by the Local Authorities are placed on the Open Market for disposal.

IDA Ireland also markets non-core lands and properties directly to stakeholders including; OPW, HSE, Chambers of Commerce, An Post and other similar bodies through active engagement in sharing portfolio information with common objectives. IDA Ireland constantly keeps its property portfolio under review and of course the matter will again be reviewed in the context of the work currently being undertaken on the preparation of a new strategy for the Agency from 2015 onwards.

Table shows IDA Ireland’s land holdings, industrial estates and parks held outside the Gateway cities and hub towns

County

Property Name

Property Type

Net Hectares

Carlow

Bagenalstown

Land

0.1555

Donegal

Donegal Lurganboy

Land

0.872

Kerry

Killorglin Farrantoreen

Land

0.8224

Kerry

Dingle

Land

0.5059

Kildare

Newbridge Business Park

Land

3.5385

Kildare

Naas Tipper West

Land

1.733

Kildare

Athy Woodstock

Land

1.7183

Laois

Portlaoise B&T Park

Land

10.9868

Leitrim

Carrick-On-Shannon Bus. Park

Land

7.72

Leitrim

Drumshanbo

Land

0.2238

Leitrim

Manorhamilton Carrickleitrim

Land

0.4208

Longford

Longford -- Aghafad

Land

2.0272

Longford

Longford Industrial Estate

Land

1.0176

Louth

Greenore

Land

0.0272

Louth

Marleys Lane, Drogheda

Land

0.0056

Louth

Drogheda B&T Park

Land

23.0626

Mayo

Ballina Business Park

Land

2.07

Mayo

Bangor Erris Industrial Park

Land

0.607

Mayo

Foxford Business Park

Land

0.6798

Meath

Navan B&T Park

Land

27.16

Offaly

Clara

Land

0.4872

Roscommon

Roscommon B&T Park

Land

7.4991

Roscommon

Castlerea Station Rd

Land

1.1735

Roscommon

Carrick-On-Shannon Tullyleague

Land

1.633

Tipperary So

Tipperary Knockanrawley

Land

3.16

Tipperary So

Clonmel Bus Park

Land

20.071

Wicklow

Bray Oldcourt

Land

0.0424

Wicklow

Arklow Kilbride

Land

0.1197

Wicklow

Greystones B&T Park

Land

17.93

Wicklow

Bray B&T Park

Land

0.0347

Wicklow

Arklow B&T Pk

Land

14.834

Question No. 91 answered with Question No. 88.
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