Oireachtas Joint and Select Committees

Wednesday, 25 June 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

General Scheme of the Industrial Development (Miscellaneous Provisions) Bill 2025: Discussion

2:00 am

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein)

Okay. It is just that at different times I come across companies operating here, most recently in a "Prime Time Investigates" report in respect of a company, that have legal cases stacked against them in other member states and they just seem to be allowed to operate here. This particular company I referred to is not an IDA company, but it has happened. I think it is very important that full due diligence is carried out for businesses and companies we allow to operate here.

I think the consulting question is very important. Many State agencies use up an awful lot of their budgets on consultancy fees. How are we going to ensure when it comes to the consultants who are used in this space, and accepting that obviously there is absolute need for specialism within this, that we do not have general consultation? How will this be taken care of within the IDA? Who will oversee this? What I am getting at is that we are going to facilitate the increase of grant aid. We need to make sure this grant aid does what we want it to do, that it does not go into areas it should not necessarily go or where we are not having the desired impact from it, and that it is done in a way that we get good value for money for it.

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