Oireachtas Joint and Select Committees

Thursday, 1 October 2015

Public Accounts Committee

National Asset Management Agency: Financial Statements 2014 (Resumed)

10:00 am

Mr. Brendan McDonagh:

Absolutely. We have a good relationship with IDA Ireland. Its officials are always thinking two years ahead in terms of who they are talking to about coming into the country and, depending on the product, whether they will locate in Dublin, Cork, Limerick, Galway or elsewhere. If they are looking for sites or accommodation, they come to us and ask whether we have anything in the area that could be of help to them. We have also worked with IDA Ireland in the context of companies that set up here and were small to begin with but are now expanding and looking for opportunities to acquire adjoining properties or bigger premises and we try to facilitate that wherever it makes sense.