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. Donal Leahy:

I have some figures. I do not have the overhead figures for 2024, but the moneys paid out to companies in 2024 included infrastructural payments in the order of €46 million and non-infrastructural payments of €155 million, giving a total of approximately €201 million. The total for 2023 was €210 million.

While I have the floor, I will very briefly give Senator Crowe some extra good news. I know he has left but it might be passed on. Mbryonics is a local, Irish-owned company and not an IDA company, so he can be extra proud of that company.

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