INWARD INVESTMENT NEEDED IN CAVAN – BRENDAN SMITH T.D.

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IDA sells land in Cavan Business Park

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Cavan/Monaghan Fianna Fáil T.D. Brendan Smith has again called on IDA Ireland to aggressively market the Business Park at Killygarry, Cavan.

“This Business and Technology Park at Dublin Road, Cavan covers approximately 17 hectares and should be a prime location for inward investment.  I have been informed that IDA Ireland has completed a sale over the past few months of some of the land at the Park to an Enterprise Ireland client company which is expected to create new employment opportunities.  The IDA state that they will continue as well to seek new investment for the Park and the wider region from overseas firms”, stated Deputy Brendan Smith.

In response to Deputy Brendan Smith’s Parliamentary Questions in Dáil Éireann the Minister for Business, Enterprise and Innovation stated that with respect to Cavan more generally, IDA Ireland markets the County as part of its North-East region, together with Louth and Monaghan. Minister Humphreys’ added the Agency has a dedicated regional manager for the area and has an office in the Cavan Innovation and Technology Centre.  She added that as part of its strategy to encourage investment to the area the Agency is focusing on sectors including agri-food, manufacturing, tourism and intentionally traded services and that the IDA also regularly engages with key stakeholders on the ground in Cavan including local authorities, the education sector and both overseas and indigenous companies with a view to generating new employment opportunities.

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For Written Answer on : 15/01/2019
Question Number(s): 497 Question Reference(s): 54104/18
Department: Business, Enterprise and Innovation
Asked by: Brendan Smith T.D.
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QUESTION

To ask the Minister for Business; Enterprise and Innovation further to Parliamentary Question No. 140 of 21 June 2018, if there have been developments in relation to the possible location of an inward investment project at a location (details supplied); and if she will make a statement on the matter. (Details Supplied) IDA Business Park at Dublin Road,Killygarry,Cavan Town

REPLY

The IDA Ireland business and technology park in Killygarry, County Cavan covers approximately 17 hectares. The main tenant on the park at present is ATA Group, an Enterprise Ireland (EI) client. IDA Ireland has completed a sale, in the past number of months, of other land at the park to a separate EI client company. It is hoped that this recent investment will generate new employment opportunities for the area. The IDA will continue as well to seek new investment for the Park and the wider region from overseas firms.

With respect to Cavan more generally, IDA Ireland markets the County as part of its North-East region, together with Louth and Monaghan. The Agency has a dedicated regional manager for the area and has an office in the Cavan Innovation and Technology Centre.  As part of its strategy to encourage investment to the area the Agency is focusing on sectors including agri-food, manufacturing, tourism and internationally traded services. The IDA also regularly engages with key stakeholders on the ground in Cavan including local authorities, the education sector and both overseas and indigenous companies with a view to generating new employment opportunities.