Phil Hogan (Carlow-Kilkenny, Fine Gael)
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Question 287: To ask the Minister for Enterprise, Trade and Employment the number of factories on a county basis, on which the IDA have long term lease agreements, which are empty; and the cost to the State of long-term lease agreements for such premises. [23307/06]

Micheál Martin (Cork South Central, Fianna Fail)
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At present there are 37 vacant properties on which IDA Ireland has long-term lease agreements. These leases, which are 35 year leases, were entered into between 1983 and 1989. The outstanding balance of these leases ranges from 12 to 18 years. The outstanding amount due on the balance of the leases is €41,211,735. It is hoped that a number of these properties might be occupied or redeveloped during the period, which would have the potential to reduce this possible amount.