Tuesday, 14 June 2005
Dáil Eireann Debate
419. Mr. Morgan asked the Minister for Enterprise, Trade and Employment the amount of money the IDA has received in grant repayments from a company (details supplied) in County Donegal following the huge job losses there; and the amount of money since reinvested in the Buncrana and Inishowen areas of County Donegal. [19569/05]
Minister for Enterprise, Trade and Employment (Mr. Martin): I am informed by IDA Ireland that, as part of the settlement with the company in question, a sum of €8.9 million was repaid to the agency between 1999 and 2004. From 1999 to 2003, the latest year for which figures are available, IDA Ireland made grant payments to companies in County Donegal of almost €8 million. In addition, the agency has spent nearly €15 million since 1999 on lands and site development in County Donegal including €750,000 in Buncrana, where planning permission has been obtained for a 20,000 sq ft factory. The agency is currently working with a local private developer on the provision of advance space within Lisfannon Park in Buncrana.
Following my visit to County Donegal last December, promoting the investment and development needs of the Buncrana and Inishowen area and the county have become priorities for the State development agencies. I am confident that the employment needs of the area will continue to be addressed by these agencies.
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