Written answers
Wednesday, 30 November 2005
Department of Enterprise, Trade and Employment
Disposal of Property
9:00 pm
Seán Ó Fearghaíl (Kildare South, Fianna Fail)
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Question 172: To ask the Minister for Enterprise, Trade and Employment the amount of land disposed of by the IDA; the amounts raised by the disposal of this property in County Kildare in the years 2000 to 2005; and if he will make a statement on the matter. [37027/05]
Micheál Martin (Cork South Central, Fianna Fail)
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The management of IDA Ireland's industrial property portfolio is a day to day operational matter for the agency, as part of the statutory responsibility assigned to it by the Oireachtas for the attraction of foreign direct investment to the State and its regions. While I may give general policy directives to IDA Ireland, I am precluded under the Acts from giving directives regarding individual undertakings.
All IDA Ireland lands are sold on the basis of commercial valuation in line with public sector guidelines and subject to IDA board approval. In the period 2000 to 2005, the IDA disposed of a total of 5.2199 hectares in County Kildare, details of which are set out in the following tabular statement.
It would not be appropriate for me to divulge details of the amounts raised by these sales, as to do so could compromise the IDA's negotiating position and breach client confidentiality.
Details of IDA land in County Kildare sold in each of the years 2000 to 2005. | ||
Year | Location in Co. Kildare | Size of site sold in Hectares |
2000 | Naas | 0.4047 |
Newbridge | 0.8057 | |
2001 | Monasterevin | 0.0631 |
Newbridge | 0.325 | |
2002 | Athy | 0.7284 |
Newbridge | 0.8696 | |
2003 | â | â |
2004 | â | â |
2005 | Newbridge | 2.0234 |
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