Second IDA advance facility for Waterford

Just weeks after the completion of the IDA advance facility at Butlerstown, it’s been confirmed that a second such factory is to be constructed as part of the Government’s regional Action Plan for Jobs.

However, the location of that facility has yet to be identified but forms part of a five-year, €250 million plan which aims “to accelerate the jobs recovery in every part of the country”.

With early rumours suggesting that Dungarvan may be earmarked for the new plant, a plan for Waterford is to be published by July and “in place” by the autumn, by which time the general election countdown will be well and truly on.

“We want to spread that jobs recovery to every region and every community,” said Taoiseach Enda Kenny.
“We are committing to funding of €250 million to drive job creation across the different regions, through IDA and Enterprise Ireland. In addition, locally-driven Regional Enterprise strategies will help each region lean on its own unique strengths and assets to power regional economic growth, benefiting local businesses and families.”
According to the Department of Jobs, Enterprise & Innovation: ”

To support and encourage regional stakeholders in working together, up to €100 million in Enterprise Ireland funding will be made available over 5 years through a series of competitive calls.

“The first tranche of €50million will be made available from 2015. Funding under these programmes will be allocated on a competitive basis, with most funds awarded to regional projects offering the best prospects for job-creation.”

New advance manufacturing and office facilities will also be constricted in Sligo, Tralee, Castlebar, Galway, Dundalk, Limerick, Athlone and Carlow.

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