Martin Ferris (Kerry North, Sinn Fein)
Link to this: Individually | In context

Question 416: To ask the Minister for Enterprise, Trade and Employment the budget of the Industrial Development Authority; and the amount of same that is allocated towards attracting investment and developments in the Kerry region. [3642/08]

Micheál Martin (Cork South Central, Fianna Fail)
Link to this: Individually | In context

IDA Ireland is the agency with statutory responsibility for the attraction of foreign direct investment (FDI) to Ireland and its regions. The marketing of individual areas for new or expansion FDI investments and jobs is a day-to-day operational matter for the Agency. While I may give general policy directives to the Agency, I am precluded under the Industrial Development Acts from giving directives regarding individual undertakings or from giving preference to one area over others.

The budget of IDA Ireland is made up of Exchequer funding and own resource income. The total budget for the Agency for the year 2007, as published in the Revised Estimates for the Public Service 2007, was €206,001,000. The final figure for 2008 will not be available until the Revised Estimates volume is published at the end of the month.

The Agency does not maintain separate budget headings in respect of each county and grant monies provided by IDA for industrial development purposes are not allocated on a county basis.