Written answers

Tuesday, 19 July 2011

Department of Enterprise, Trade and Innovation

Industrial Development

10:00 pm

Photo of David StantonDavid Stanton (Cork East, Fine Gael)
Link to this: Individually | In context

Question 29: To ask the Minister for Jobs, Enterprise and Innovation if there have been any expressions of interest in the former Amgen site outside Carrigtwohill, County Cork; the efforts that he and bodies under his aegis are making to attract industry and enterprise to this site; and if he will make a statement on the matter. [21120/11]

Photo of Richard BrutonRichard Bruton (Minister, Department of Jobs, Enterprise and Innovation; Dublin North Central, Fine Gael)
Link to this: Individually | In context

The Carrigtwohill East site consists of approximately 54 hectares located in a high profile position on the eastern side of Cork City on the Main Waterford-Cork Road.

All of this land forms part of IDA's property portfolio. IDA Ireland maintains a property portfolio specifically to support the promotion of Ireland and its regions as a suitable location for FDI by providing tailored property solutions. Since the 1950's it has been an integral part of industrial policy that the State, through the industrial development agencies, will have available land that is suitable, zoned and serviced for industrial purposes, so as to ensure that industrial projects will not be prevented or delayed in setting up operations.

Through its network of overseas offices, IDA continues to market the Carrigtwohill site, together with its other strategic sits throughout the country to prospective client companies, mainly the pharma, biopharma and ICT sectors.

Cork, has grown over the past decade into a globally recognised location for foreign direct investment, attracting several billions of euro in investment by overseas companies. Over recent years, direct employment in IDA supported companies in Cork City and County has grown and today there are 20,491 people employed in 130 companies.

IDA Ireland continues to actively promote Cork and its advantages, including a young skilled workforce with a student population of over 30,000, the presence of a University and an Institute of Technology, the availability of first class business parks, good infrastructure and an international airport.

Announcements of new and expansion investments in Cork this year include EMC, McAfee, Easylink Services and Quest Software. These projects will significantly add to the value and depth of the overseas industry in Cork.


No comments

Log in or join to post a public comment.