Regional development is a key element of Government's enterprise policy, as set out in the Programme for Government and the White Paper on Enterprise, and is a key focus of the work of my Department and its agencies. IDA Ireland is continuing its strong commitment to regional development as one of four key strategic objectives of its 2025–2029 strategy, Adapt Intelligently. This ambitious strategy aims to secure 550 foreign direct investment (FDI) projects outside Dublin, accounting for 55% of all planned investments.
The availability of suitable property and strategic sites is a critical component of the regional value proposition and can be the key differentiator in investment decisions in the regions from both new and existing clients as well as clients of Enterprise Ireland and the LEOs.
There has been consistent FDI performance the IDA Mid-West Region, comprising Limerick, Clare and Tipperary with the employment of IDA clients increasing by 16% over the past 5 years. IDA has 153 client companies in the Mid-West Region, employing 27,968 people and within that, there are 17 IDA Ireland client companies employing 5,589 people in County Tipperary. The Mid-West region has a significant ecosystem of well-established companies across Technology, Life Sciences, International Financial Services, and Engineering & Industrial Technologies sectors.
As part of its property strategy, IDA, in partnership with Tipperary County Council, has been granted planning permission for a proposed 10,000 sq. m. Advanced Building Solution on a site of approx. 3.4 hectares at Ballingarrane Science and Technology Park, Clonmel, Co. Tipperary.
IDA Ireland continues to market the site and the proposed planning permission at Ballingarrane in conjunction with Tipperary County Council, to new and existing investors through IDA’s global teams in market and IDA’s regional offices.
