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IDA to develop two new buildings
24 Apr 2014 11:11
The IDA - often criticised for having a city bias - has announced it is to develop new buildings in Waterford and in Athlone.
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It has awarded contracts to Walls Construction and Kilcawley Building and Civil Engineering for what the authority calls "an advanced property solution".
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Both new buildings should be ready by November this year and it is thought the two projects will support 180 construction jobs.
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IDA chief executive Barry O'Leary said that the availability of "high quality property solutions" is a key component in winning Foreign Direct Investment projects.
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At a sod-turning earlier today he said: "These initiatives by IDA will address the current deficit of suitable property solutions and promote investment into regional locations. IDA's direct intervention to construct these buildings is due to the absence of private funding available to do so."
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