Under its current strategy, ‘Driving Recovery and Sustainable Growth 2021–2024’, IDA is committed to delivering 19 Advance Building Solutions across six regions in 15 locations. Eight buildings are now complete, a further 5 buildings are expected to be "on site" in 2024 with the remainder in the planning and site selection stages. Moreover, the IDA has made considerable property investments in Kerry under this strategy, including the acquisition of over 16 hectares of lands at Kerry Technology Park.
As the Deputy is aware, Kerry Technology Park already is home to internationally recognised companies such as JRI America and Astellas, who, in September 2023, announced its intention to build a €330 million state-of-the-art facility in the park. In the context of this significant development at the Kerry site, IDA has now identified a suitable site within this land bank to accommodate the construction of the Advance Building Solution planned under its current strategy. I am advised that the IDA is working through a design process to secure planning permission at this location and is working to progress the project as expeditiously as possible. This application will have the potential to support not only future foreign direct investment but also indigenous industry across a number of sectors.
IDA Ireland continues to maintain a focus on its property portfolio in regional locations to support its project pipeline, including in Kerry, and will continue to position Kerry for virtual and in-person site visits to prospective companies in 2024 and beyond.
