Dáil debates

Thursday, 23 March 2017

Other Questions

IDA Site Visits

2:10 pm

Photo of Mary Mitchell O'ConnorMary Mitchell O'Connor (Dún Laoghaire, Fine Gael) | Oireachtas source

IDA Ireland maintains statistics in relation to site visits by potential investors on a quarterly basis. During 2016 there was a total of 20 IDA Ireland sponsored site visits by potential investors to County Sligo. This was up from seven in 2014 representing a 185% increase. There were eight site visits to County Leitrim in 2016, up from two in 2014 representing a 300% increase. It is expected that data on site visits for quarter one, 2017 will be available early next month. It should of course be remembered that site visits do not necessarily accurately project future investment, as most investment comes from an expansion of existing company activity.

The significant increase in site visits to Sligo and Leitrim only reflects part of the agency’s ongoing efforts to attract foreign direct investment to the north-west region. IDA Ireland has also made a considerable investment in a new 31,000 square foot advance technology building located in Finisklin Business Park, Sligo. This facility is due for completion at the end of April 2017. I am informed by the agency that this building is already being actively marketed to all potential investors.

Sligo and Leitrim at end-2016 had 27 companies and 2,703 jobs supported by the IDA.

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