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

I am informed that, for reasons of commercial sensitivity and client confidentiality, IDA Ireland does not comment on upcoming site visits by potential investors.

The agency maintains statistics in relation to site visits by potential investors on a quarterly basis. The latest data available cover 2016 only. During 2016 there was a total of two IDA Ireland sponsored site visits by potential investors to County Cavan and two site visits to County Monaghan.

It is expected that data on site visits for the first quarter of 2017 will be available next month.

It is important also to note that data on site visits is not necessarily an accurate measure of the level of foreign direct investment. IDA actively encourages clients to locate in regional locations. The final decision, however, lies with the investor. Cavan and Monaghan at end of 2016 had 12 companies and 1,340 jobs supported by the IDA.

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