Written answers

Wednesday, 20 September 2017

Department of Jobs, Enterprise and Innovation

IDA Ireland Portfolio

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

126. To ask the Minister for Jobs, Enterprise and Innovation the ownership status of an IDA Ireland site (details supplied) in County Galway; the lease agreement on the site; if a lease agreement is in place; IDA Ireland's plans to develop another site in the town; and if she will make a statement on the matter. [39083/17]

Photo of Frances FitzgeraldFrances Fitzgerald (Dublin Mid West, Fine Gael)
Link to this: Individually | In context | Oireachtas source

IDA Ireland property holdings in Tuam include a 14 hectare Business Park and an 11 hectare Business & Technology Park.

The Business Park was developed in the 1980s and received an infrastructural upgrade between 2012 and 2013 whilst the Business & Technology Park was developed in 2000. Both parks are held under IDA freehold title with tenants on long term lease agreements.

The table outlines the current status of each park. I am advised by IDA Ireland that there is sufficient property capacity in both to accommodate further foreign direct investment.

Current Status of IDA Property Holdings in Tuam

RefParkRemaining IDA lands circa. Client Base
IDA Business ParkBusiness Park2 HaValeo

Transitions Optical

SSL Logistics

Unilokomotive

Conveyors and Packaging

Logstup
New IDA Bus and Tech ParkBusiness and Technology Park10 HaValeo short licence for R and D test area

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