Written answers

Thursday, 11 May 2006

Department of Enterprise, Trade and Employment

Departmental Properties

4:00 pm

Photo of Michael RingMichael Ring (Mayo, Fine Gael)
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Question 119: To ask the Minister for Enterprise, Trade and Employment if he will ascertain from the IDA if a factory (details supplied) in County Mayo has been sold; if so, the price for which it was sold; if that sale took place, the way in which the IDA extracted themselves from the lease agreement; and if the property was not sold, the position in relation to locating jobs at the location. [17749/06]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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The management of IDA Ireland's industrial property portfolio, including the purchase and disposal of property, is a day-to-day operational matter for the Agency as part of the statutory responsibility assigned to it by the Oireachtas and not a matter in which I have any function. I understand that IDA Ireland is currently at the final stages of negotiations with the owners of the factory premises at Ballinrobe, County Mayo with a view to making the property (building and associated lands) available for further development.

The Board of IDA Ireland has considered and approved a proposal to surrender the lease on the property and IDA is currently finalising the contract with the owners of the premises on the proposed transaction. Meanwhile, the building and associated lands continue to be available for marketing purposes for appropriate projects interested in locating in County Mayo.

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