Simon Coveney (Cork South Central, Fine Gael)
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IDA Ireland’s Regional Property Programme aims to ensure the supply of land, buildings and infrastructure in regional locations to meet the needs of current and prospective clients of the IDA, Enterprise Ireland and Local Enterprise Offices and is a significant driver of regional economic development and job creation.

Under the IDA’s Property Programme the regional building programme will see 19 Advanced Building Solutions being developed across six regions in 15 locations including in Tralee where an extensive site selection process is underway.

IDA has made considerable property investments in Kerry under its current strategy including the acquisition of over 16 hectares of lands at Kerry Technology Park, Tralee from Shannon Commercial in May of this year. In September 2023, Astellas Pharma Inc announced its intention to build a state of the art facility on IDA’s newly acquired lands in Kerry Technology Park, bringing highly specialised engineering, science and technology roles to the region. The investment will also create a large number of construction jobs during the construction phase of the new facility. This is one of largest FDI announcements for Kerry and the wider region in recent years.

IDA Ireland also partners with Local Authorities and the private sector to deliver additional buildings in key locations where appropriate. In each region, IDA Ireland is also investing in significant infrastructure projects across the portfolio of Business and Technology Parks to upgrade and maintain these key assets in line with the evolving requirements of IDA Ireland and EI clients.

IDA Ireland’s Property Division is currently engaged in discussions with Gallarus in relation to potential property solutions and will continue to support their efforts in this regard. Moreover, IDA Ireland also continues to engage with new and existing companies on promoting Ireland as a location for their business and the Agency will continue to position Kerry for virtual and in-person site visits to prospective companies in 2023 and beyond.