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

Mr. John Hughes:

This is an enabling provision that does not guarantee any company a grant. The company would still have to make a strong business case that would be assessed by the IDA assessment committee and then the IDA board, and metrics would have to be agreed. There is no guarantee. What we are doing here is enabling the IDA, in cases that make economic sense, to give those grants whereas, currently, it is prohibited because it does not have the legislative capacity to make those grants available.

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