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Regional Development Initiatives

Dáil Éireann Debate, Tuesday - 24 May 2016

Tuesday, 24 May 2016

Ceisteanna (617)

Pat Deering

Ceist:

617. Deputy Pat Deering asked the Minister for Jobs, Enterprise and Innovation the status of the advance facility project in County Carlow, given that the advance facility in County Waterford is full and that under the regional action plan for jobs and IDA Ireland's schedule, the advance facility in County Carlow was the next to be constructed; and if she will make a statement on the matter. [11619/16]

Amharc ar fhreagra

Freagraí scríofa

Under its Strategy for 2015-2019, IDA Ireland is targeting a minimum 30%-40% increase in the number of investments for each region outside Dublin. In pursuit of this goal, the Agency regularly assesses nationwide property requirements and has already identified locations where quality building and site solutions would enhance the likelihood of securing new foreign direct investment (FDI). In February 2015, the Government unveiled a five-year strategy aimed at accelerating the jobs recovery in every part of the country. The plan includes the delivery of a €150m IDA Ireland property investment programme to attract FDI to different parts of Ireland over that period. This is targeted at ensuring the availability of an adequate supply of marketable serviced land, offices, industrial and manufacturing buildings in advance of demand by both existing and potential new client companies.

Carlow is among the locations identified by the IDA as a suitable site for an advance facility and work will begin at the location in due course.

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