I propose to take Questions Nos. 408 and 409 together.
As the Deputy will be aware, IDA Ireland sold a site at Greystones Business Technology Park, County Wicklow, under a 999-year lease dated 21 April 2022 to Greystones Media Campus Owner Ltd., using its authority under the Industrial Development Acts. The use of the lands is restricted to manufacturing and/or internationally traded services in line with the relevant Industrial Development (Service Industries) Order 2010. The lease required the tenant to substantially commence development within a set timeframe, extendable upon request with written approval from the IDA, which cannot be unreasonably withheld.
The company also secured a 10-year planning permission for a film studio media campus from Wicklow County Council (Planning Ref 20620) in 2020.
While detail of the IDA’s engagement with client companies is commercially sensitive, I can again assure the Deputy that the IDA is engaging regularly with the company regarding project progress and their lease obligations.