The IDA’s Regional Property Programme (RPP), as announced in 2015, committed €150 million in Exchequer funding over five years to drive the growth of regional FDI by providing property solutions outside Dublin. As well as upgrading existing facilities and acquiring strategic sites suitable for investment, this programme also includes the construction of nine new advance facilities around the country.
As part of the RPP advance buildings were constructed and completed in Athlone and Waterford in 2014 and early 2015. Last year IDA Ireland also completed buildings in Sligo, Tralee and Castlebar. Buildings in Galway, Dundalk, Limerick, Athlone (2nd build), Carlow and Waterford will be completed over the next two years.
The Carlow building is currently at design stage. I am advised by the IDA that it expects to begin construction on the building this year with the aim to complete the facility by Q2 2019.