Site selection for new Mayo IDA facility well underway
SITE selection for a new IDA advance building solution to attract investment and jobs to Castlebar is well underway.
IDA Ireland has been engaging with Mayo County Council on advancing the project.
The update was confirmed to Deputy Alan Dillon who tabled a question to the Táinaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, on the progress the IDA and council are making on the delivery of an advance building solution for Castlebar.
The Táinaiste said how 2021 was a record-breaking year for Foreign Direct Investment (FDI) employment, with total employment in IDA client companies now standing at 275,384 - up over 29,000 on 2020. Growth outside of Dublin was particularly buoyant with 53% - that is 133 projects of the 249 investments won going to regional locations, and employment growth was recorded in every region of the country.
IDA Ireland have publicly committed to build a second advanced building solution in Castlebar under their new strategy, Driving Recovery & Sustainable Growth 2021-2024, to support the winning of new investment and job creation.
He explained: "The site selection process for the new building is well underway.
"On conclusion of site selection, the design and planning phases will commence.
"The specific dates for commencement of construction are wholly dependent on, and subject to the successful outcome of these processes. I am assured that the IDA will use its best endeavours to deliver the building in a timely manner.
"IDA Ireland has engaged with Mayo County Council on its plans."