David Cullinane (Waterford, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

785. To ask the Minister for Jobs, Enterprise and Innovation the number and location of IDA Ireland supported advance factories being built to provide property solutions aimed at creating jobs; the stage of planning and construction that each factory is at; the completion times; the amount that has been and will be spent on capital for each project; and if she will make a statement on the matter. [20512/16]

Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
Link to this: Individually | In context | Oireachtas source

In February 2015, the Government through the Department of Jobs, Enterprise and Innovation unveiled a five year strategy aimed at accelerating the jobs recovery in every part of the country. The plan includes the delivery of a €150m IDA Ireland property investment programme to attract foreign direct investment into different parts of Ireland over a five year period and is targeted at ensuring the ready availability of an adequate supply of marketable serviced land, office and industrial/manufacturing buildings in advance of demand by both existing and potential client companies.

Advanced facilities were constructed and completed in Athlone and Waterford in 2014 and early 2015. Under the property investment programme, the Agency plans to deliver further facilities in Sligo, Tralee, Castlebar, Galway, Dundalk, Limerick: Athlone (2nd build), Carlow, Waterford (2nd build).

The total capital expenditure envelope for the delivery of the nine IDA advance facilities is circa €45 million. The facilities in Sligo and Castlebar are currently under construction, and the estimated cost for each unit is approximately €4 million.

IDA Ireland is in the final stages of the tendering process for the Tralee facility and therefore, for reasons of commercial sensitivity, is not in a position to release details of the expected cost. The Agency expects the contractor to be appointed shortly and the facility is planned for completion in Q2 2017.

IDA Ireland is keen to encourage the delivery of suitable foreign direct investment (FDI) property solutions through private sector funding and delivery where possible. In Galway, the Agency is using a public–private partnership (PPP) model to supply another facility. Planning permission has been obtained and the building is due for completion in Q3 2017.

The remaining IDA advance facilities, detailed below, are at various states of concept and design and therefore cost estimates have not been finalised.

IDA Ireland Advance Facilities