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Foreign Direct Investment

Dáil Éireann Debate, Tuesday - 15 January 2019

Tuesday, 15 January 2019

Ceisteanna (497)

Brendan Smith

Ceist:

497. Deputy Brendan Smith asked the Minister for Business, Enterprise and Innovation further to Parliamentary Question No. 140 of 21 June 2018, if there have been developments in relation to the possible location of an inward investment project at a location (details supplied); and if she will make a statement on the matter. [54104/18]

Amharc ar fhreagra

Freagraí scríofa

The IDA Ireland business and technology park in Killygarry, County Cavan covers approximately 17 hectares. The main tenant on the park at present is ATA Group, an Enterprise Ireland (EI) client. IDA Ireland has completed a sale, in the past number of months, of other land at the park to a separate EI client company. It is hoped that this recent investment will generate new employment opportunities for the area. The IDA will continue as well to seek new investment for the Park and the wider region from overseas firms.

With respect to Cavan more generally, IDA Ireland markets the County as part of its North-East region, together with Louth and Monaghan. The Agency has a dedicated regional manager for the area and has an office in the Cavan Innovation and Technology Centre. As part of its strategy to encourage investment to the area the Agency is focusing on sectors including agri-food, manufacturing, tourism and internationally traded services. The IDA also regularly engages with key stakeholders on the ground in Cavan including local authorities, the education sector and both overseas and indigenous companies with a view to generating new employment opportunities.

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