Seán Sherlock (Cork East, Labour)
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Question 1726: To ask the Minister for Enterprise, Trade and Innovation if any potential investors have been identified to develop the industrial development authority technology business and technology park in Fermoy, County Cork; and if he will make a statement on the matter. [33760/10]

Batt O'Keeffe (Cork North West, Fianna Fail)
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The day-to-day management of IDA Ireland's industrial property portfolio is an operational matter for the agency and not one in which I have a function.

I am informed by IDA Ireland that the agency hosted a site visit to the Fermoy Business & Technology Park by an overseas Life Sciences company on 11 November 2009. In addition, a second Life Sciences company visited Fermoy on 12 May 2010. Both companies also visited a number of other locations and it is too early to say if these proposals will progress further.

The ultimate decision on where operations are established lies with the client company, whose primary objective is to establish in the location most aligned with the business needs of the company.