Cork East TD, Kevin O’Keeffe has questioned the IDA’s strategy of attracting businesses to locate at, and invest in, the long-empty Fermoy Business and Technology Park.
Deputy O’Keeffe was commenting after receiving a Parliamentary Reply from the Tánaiste and the Minister for Jobs, Enterprise and Innovation, Frances Fitzgerald which suggests that they have no plans to do anything at the site, yet still hope to attract investment.
“This site was built in 2002, and has been empty ever since. The IDA have supposedly been seeking to attract investment over that time, but it’s clearly not working.
“The site is currently empty with no buildings or premises erected.
“In my question to the Tánaiste, I asked what plans she or the IDA had, to construct buildings or facilities to help attract investment.
“Unfortunately, her reply was deeply disappointing. There are no plans to build any facilities, according to the Minister as not having pre-determined layouts ‘should help make the site more attractive to potential’.
“This approach may have been a suitable plan in the past, but it’s clear that 15 years of the Park being empty suggests to me than a blank canvass approach isn’t that enticing to investors.
“I think it’s time for the IDA to consider building or installing facilities in an effort to show potential investors what the site could be used as.
“We cannot have this Park lying idle any longer. It’s a great site, located on the M8, close to Cork City and its universities,” concluded O’Keeffe.