Written answers

Tuesday, 23 July 2024

Department of Enterprise, Trade and Employment

Industrial Development

Photo of Alan KellyAlan Kelly (Tipperary, Labour)
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554.To ask the Minister for Enterprise, Trade and Employment the locations where IDA are constructing new advanced building solutions; and when each of these new locations will be completed in tabular form. [31685/24]

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael)
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In a challenging and increasingly competitive environment for FDI globally, the availability of property and infrastructure solutions that meet the needs of investors can be a key differentiator in investment decisions and winning FDI projects.

IDA’s Regional Property Programme ensures the supply of land, buildings and infrastructure in regional locations to attract current and prospective clients to locate in the regions. In this regard, IDA’s current strategy, 'Driving Recovery and Sustainable Growth, 2021-2024', outlines objectives for delivery of property solutions throughout the country.

Under the strategy IDA is progressing the delivery of 19 Advanced Building Solutions (ABS) across the regions and is partnering with the private sector and Local Authorities to deliver further buildings in key locations. Eight of the 19 buildings are complete. The locations and completion date for each of these are as follows:

Building Name
Location
Completion Period
Dundalk Finnabair Business Park Dundalk Co Louth Q3 2022
Sligo Sligo Business & Technology Park Finisklin Sligo Q4 2021
Monaghan Monaghan Business & Technology Park Monaghan Q3 2021
Limerick Raheen Business Park Limerick Q4 2022
Limerick National Technology Park Limerick Q4 2021
Waterford Waterford Business & Technology Park Q1 2023
Carlow IDA Business & Technology Park Dublin Road Carlow Q4 2023
Athlone Athlone Business & Technology Park Westmeath Q4 2023

The completion stages of the remaining 11 buildings are outlined below:

Building Name
Location
Completion Stage
Sligo Oakfield Business Park Under Construction
Galway Parkmore, Galway Under Construction
Athlone Garrycastle, Athlone Demolition & Site Clearance Complete
Mullingar Mullingar, Co Westmeath Planning Granted
Cavan Cavan Under Construction
Letterkenny Letterkenny, Co Donegal Contractor Procurement
Drogheda Drogheda, Co Louth Planning Stage
Tralee Tralee, Co Kerry Advance Planning Stage
Longford Longford Site Identification
Oranmore Galway Site Identification
Castlebar Castlebar, Co Mayo Site Identification

The delivery of the Regional Property Programme is dependent on a wide range of external stakeholders and FDI client timelines. Furthermore, many factors impact on timelines for the delivery of construction projects including site identification, willing vendors, planning, procurement & a variety of macro-economic factors. Capital-intensive property investment projects by their very nature run over multiple years. In that regard, the construction industry continues to be impacted by global supply chains and cost inflation challenges whole IDA Property Division continues to monitor these challenges and the impact of same on the delivery of the Regional Property Programme. IDA will continue to use its best endeavours to deliver all buildings in a timely manner.

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