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 James O'ConnorJames O'Connor (Cork East, Fianna Fail)

I do not mean to be flippant but you cannot necessarily say that if a farmer in England wants to buy a farm in Ireland, that constitutes foreign direct investment. Where is the cut-off from the Department's point of view? Is it the case that the firm must be of a certain scale, a certain level or a certain financial value before the IDA deals with it? Do any of the witnesses know roughly - I do not want to put anyone on the spot - what that is?

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