Oireachtas Joint and Select Committees

Thursday, 19 September 2013

Public Accounts Committee

Annual Report and Accounts 2012: Discussion with IDA Ireland

11:20 am

Mr. Barry O'Leary:

Anything I say on any particular project can only be what is in the public arena, although obviously IDA Ireland would be privy to negotiations across a wide range of investments. As part of its SEC filing, Regeneron issued a statement confirming it was at an advanced stage of negotiations on the acquisition of a building. Subject to the appropriate planning, it is expected it will spend €250 million to €300 million.

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