Dáil debates
Wednesday, 9 October 2019
Ceisteanna Eile - Other Questions
IDA Ireland Site Visits
11:00 am
Robert Troy (Longford-Westmeath, Fianna Fail) | Oireachtas source
The fact of the matter is that attracting foreign direct investment is not just a hallmark of this Government but also of previous Governments. The 12.5% corporation tax is a unique asset for attracting foreign direct investment, but there are areas which are not benefiting. Athlone is doing quite well and we welcome that. It is lucky to have the Athlone Institute of Technology, a magnet to attract foreign direct investment towards the area. I cited the example of Mullingar Business Park, which was purchased by the IDA and predominantly lies empty. What will the Minister do for it? The IDA team does great work and no one detracts from that but there are areas which are blackspots and they need to be addressed. Some 93 out of 300 IDA properties remain vacant and that needs to be addressed.
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