Gerald Nash (Louth, Labour)
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202. To ask the Minister for Enterprise, Trade and Employment the precise location of a site (details supplied); and if he will make a statement on the matter. [20289/22]

Leo Varadkar (Dublin West, Fine Gael)
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Regional development is a priority for IDA Ireland.  IDA Ireland is targeting 40 investments for the Mid-East region in the period 2021 to 2024. Louth is already home to 35 IDA Ireland client companies directly employing more than 4,500 people in Technology, Life Sciences, International Financial Services and Engineering & Industrial Technologies.

In June 2021, IDA Ireland acquired two landbanks in Co Louth. These land acquisitions, with a combined total of 149 acres are situated in Drogheda and in Dundalk and form part of IDA’s long term strategic plan to position Louth and the wider region to compete for FDI investment. The acquisition of these landbanks is part of IDA Ireland’s overall property programme which is supported by the Government through the Department of Enterprise, Trade & Employment.

The new IDA lands in Drogheda are located at the Mell, Drogheda County Louth. The site is situated approximately 2km north of Drogheda Town and within approximately 1.5km of the M1 Motorway. The primary entrance to the lands is via the R132 (former N1).