IDA tenders for Cavan site investment

The Industrial Development Authority (IDA) has issued a tender for contractors to extend existing infrastructure within its Business & Technology Park at Killygarry near Cavan Town.

The works include 230 metres of additional road infrastructure including footpaths, lighting and underground services, with a deadline for interested parties of early next month.

It follows the approval of planning permission for the development by Cavan County Council.

The business and technology park covers approximately 17 hectares. The latest development on the Cavan Town campus is an investment by Kilnaleck-based business Breffni Air, which is in the process of completing two new, fully-serviced, factory units on sites six and seven.

The project is being supported by Enterprise Ireland and Cavan Local Enterprise Office.

The overall Killygarry business park site is shared with ATA Tools, with an estimated nine hectares of space still available to be marketed to prospective investors by the IDA.

There are currently seven IDA supported multinational companies in Cavan, employing more than 1,100 people.

Cavan experienced a record number of visits by potential Foreign Direct Investors (FDI) in the first nine months of 2019 with six visits, the most counted in a single year since records began.

The IDA is also continuing to progress plans to build an Advanced Technology Unit (ATU) at Knockaconny, Co Monaghan.

Similar plans were once earmarked for the IDA’s site at Killygarry, but planning for the unit lapsed. The agency then controversially attempted to sell the vacant 17 hectare site, before political intervention blocked the move.