Written answers

Wednesday, 1 March 2023

Department of Enterprise, Trade and Employment

Capital Expenditure Programme

Photo of Robert TroyRobert Troy (Longford-Westmeath, Fianna Fail)
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37. To ask the Minister for Enterprise, Trade and Employment the capital projects undertaken by his Department in Westmeath since June 2020; the funding allocated each year; and if he will make a statement on the matter. [10548/23]

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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In line with its current strategy "Driving Recovery and Sustainable Growth 2021-2024", the IDA has continued the roll-out of the property investment programme to further invest and build out the existing asset base (incl. land and buildings) with associated infrastructure to meet future client needs and support balanced regional development.

IDA has recently completed significant infrastructure upgrade works at Clonmore, Mullingar and Athlone B&T Park, Garrycastle. IDA is currently developing an office building in Athlone, which is due to be completed in Q2 2023. IDA has also secured planning permission for a new Advanced Building Solution in Mullingar and has commenced the public procurement process for the selection of a suitably qualified contractor to complete the development. Since acquiring a new landbank in Athlone, IDA has invested in securing the lands by installing boundary fencing and is currently reviewing options for the Phase 01 infrastructure delivery. 

Between 2021-2022 the IDA made payments of €21,362,406, with capital expenditure of €10,062,222 in 2021 and capital expenditure of €11,300,184 in 2022.

The 2023 figures are not currently available as capital expenditure is not categorised until year end.

Some key capital projects undertaken in Westmeath in the period covered were:

- A land acquisition in Athlone

- An office building acquisition in Athlone

- The development of an Advanced Office Building in Athlone

- Site Development works in Mullingar

- Site Development works on a number of sites in Athlone

Additionally, between 2020 and 2022 Enterprise Ireland made infrastructural payments of €596,943 to capital projects in County Westmeath.

There are 71 Enterprise Ireland client companies in County Westmeath employing 3099 people. Between 2020 and 2022 Enterprise Ireland has made payments of €14,338,185 to its clients in County Westmeath.

Regional Enterprise Development Funding of €2,248,480 was approved between 2018 and 2020. Funding of €581,600 was made under the Regional Enterprise Transition Scheme in this period and under the Regional Enterprise Innovation Scoping Scheme funding of €200,000 was approved.

Under the Technology Gateways Programme, a total amount of €4,960,000 was approved in this period and under the Regional Technology Clustering Fund an amount of €377,520 was approved.

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