Aengus Ó Snodaigh
Ceist:116. Deputy Aengus Ó Snodaigh asked the Minister for Enterprise, Tourism and Employment the capital budget of IDA Ireland for each of the years 2008 to 2025 and to-date in 2026, in tabular form. [10700/26]
Amharc ar fhreagraWednesday, 11 February 2026
Ceisteanna (116)
Freagraí scríofa
Funding of IDA Ireland is subject to the annual Estimates process with Oireachtas Grants supplemented by "Own Resource Income" (ORI) generated primarily from property transactions. IDA's Capital budget includes funding for grants to industry as well as the agency's Regional Property Programme.
Central to IDA’s strategy, ‘Adapt Intelligently’ is an emphasis on partnering with existing clients to identify opportunities to strengthen long-term investment in Ireland, alongside attracting new investment to Ireland in FDI growth drivers including digitalisation and AI, semiconductors, health, and sustainability.
While Ireland’s long-standing track record as a resilient, stable and innovative location in which to do business provides a strong foundation for attracting new investment, with increasing competition for investment decisions are influenced by the value proposition of different jurisdictions and critically by IDA’s targeted support.
IDA Ireland doesn’t just focus on attracting new investments; it also provides ongoing support to existing clients to increase the competitiveness of their Irish operations. IDA’s client grant budget is a priority for the agency in this regard. The capital allocation is critical to supporting clients to increase the competitiveness of their Irish operations through investment in RD&I, digitalisation, talent development and sustainability, and to the attraction of new investors to Ireland in an increasingly competitive environment.
Importantly, a robust property and infrastructure ecosystem can be a key differentiator in winning FDI projects and IDA’s Regional Property Programme ensures the supply of land, buildings and infrastructure in regional locations as required by current and prospective clients of the IDA itself as well as Enterprise Ireland and the LEOs. In this regard, IDA’s Regional Property Programme 2025 - 2029 will consist of 23 projects across 21 locations in 8 regions and primarily manufacturing buildings and includes partnering with local authorities to deliver Advance Planning Permits. IDA also continues to acquire land and provide infrastructure to support clients across the portfolio of existing business & technology parks and strategic sites nationally.
The IDA’s capital budget is critical to delivering on IDA’s ambitious targets, including to underpin engagement in Important Projects of Common European Interest (IPECI) and to support initiatives under the European Chips Act, as well to maintain an ongoing focus on sustainability and digitalisation, deepen investment in RD&I and investment in ecosystem actors and national competency centres including the National Institute for Bioprocessing Research and Training, Digital Manufacturing Ireland (DMI) and Tyndall National Institute, as well as the development of Next Generation Sites.
The following table outlines IDA Ireland's Capital Funding from 2008–2026 and the figures include the exchequer capital funding drawn down, plus capital own resource income generated and applied in each year. The figure for 2026 includes the IDA's REV (Revised Estimates Volume) allocation plus the projected capital ORI for this year.
|
Year |
Total €000 |
|
2008 |
139,367 |
|
2009 |
108,919 |
|
2010 |
143,900 |
|
2011 |
127,530 |
|
2012 |
109,140 |
|
2013 |
99,398 |
|
2014 |
118,079 |
|
2015 |
132,078 |
|
2016 |
125,460 |
|
2017 |
149,611 |
|
2018 |
128,210 |
|
2019 |
177,529 |
|
2020 |
154,502 |
|
2021 |
167,474 |
|
2022 |
219,041 |
|
2023 |
196,746 |
|
2024 |
244,483 |
|
2025 |
242,273 |
|
2026 |
270,110 |
|
Total 2008-2025 inclusive |
3,053,850
|