Fergus O'Dowd (Louth, Fine Gael)
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242. To ask the Minister for Jobs, Enterprise and Innovation if a foreign direct investment unit building to accommodate between 200 and 300 employees will be supported by his Department; if Enterprise Ireland will support phase 2 of the Mill Enterprise Centre, Greenhills, Drogheda, County Louth; and if he will make a statement on the matter. [3781/15]

Richard Bruton (Dublin North Central, Fine Gael)
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IDA Ireland is currently in the process of finalising its new strategy for the coming 5 years and is conscious of the need to secure investments and jobs for all regions of the country over the lifetime of the strategy. The provision of appropriate property solutions for enterprise is a fundamental part of the IDA Ireland offering and the new strategy will address the agency's property objectives for the period out to 2020.

Enterprise Ireland approved a Capital Grant in October 2008 to Drogheda Enterprise Centre Ltd to build an Enterprise Centre in Drogheda. Drogheda Enterprise Centre Ltd were approved the maximum grant allowable under the Community Enterprise Centre Scheme.

The building of the Centre was delayed for a number of years until Drogheda Enterprise Centre Ltd could come up with the balance of finance necessary. When they did come up with some of the balance, they built a smaller Enterprise Centre than what was originally approved, and referred to it as Phase 1.

I understand from Enterprise Ireland that the intention is to build Phase 2 on to the existing building. Phase 2 can be built using the balance of the Enterprise Ireland grant, provided the company have the additional finance required.