ida ireland property strategy paul cronin october 11 th 2007
TRANSCRIPT
IDA IRELAND PROPERTY STRATEGY
Paul Cronin October 11th 2007
Ireland
• 4 million people
• Member of EU
• 12.5% Corporation Tax
• Highly skilled workforce
• 4.4% GDP Growth in 2006
• 1,050 FDI companies
IDA Ireland
• Irish Investment & Development Agency
• Established in 1969
• Attracts new investment from overseas
• Encourages expansions
“One Stop Shop”
• Only Agency for FDI
• Only FDI
• Own Budget – approves and gives grants
• Owns Business Parks
• Advocate for FDI client for all issues
IDA IRELAND
Property Division
Property Evolution
60’s-70’s • Land transferred from Local Authorities to IDA. • Industrial Estates & Buildings owned and managed by IDA.
60’s-90’s • 2 hectares Sites, 4,000 sq m² Factory
‘80’s • PPP for 110 Factories
‘90’s • Office Buildings for Service Sector, IFSC • Quality Environment with Landscaping
2004-2010 • Infrastructure to World Class Standard. • Strategic Differentiator.
CURRENT ACTIVITIES
ACQUISITION•Freehold
DISPOSAL• Leasehold •Freehold
DEVELOPMENT• Leasehold
-Land Owners-Local Authority-NRA, Irish Rail-State Agencies e.g. Teagasc-Estate Agents-Consultants
-Local Authority-Consultants Engineers & Architects-Contractors-NRA EPA-Bord Gais-ESB-Private Developers
-FDI Clients- Irish Clients-Open Market-Local Authority
IDA “Flagship Business Parks”- The evolution, current and future status
IDA’s “Flagship Business Parks”
Letterkenny
Sligo
Castlebar
Westport
GalwayTuam
Cavan
Navan
Arklow
Wexford
Cork/Kilbarry
Fermoy
Clonmel
Carlow
Kilkenny
Portlaoise
Tullamore
Athlone
Mullingar
Ballinasloe
Roscommon
• 25 IDA “Flagship Business Parks”
• Located in line with National Spatial Strategy • 350 Hectares Available
• Rolling Replacement
Ballybrit Galway – the “Industrial Estate” of the early 70’s
Carlow Business & Technology Park
- Flexible building propositions located on a World Class Business & Technology Park
Defining The “ Integrated Park ” Concept
Keeping Ireland as a
a world class location for
Pharmaceuticals & Bio
Technology
Pharmaceutical Industry Overview
• 48% market share in 2004 - BCI Consulting
• 9 of the top 10 Pharma companies in Ireland
• €33bn + in Pharmaceutical Exports
• 19,500 Employees
• 6/10 Blockbusters
• Excellent regulatory record
• 32 FDA approved plants
• Largest contributor of corporation tax
World’s Leading Companies in Ireland
• Zoned Land > 30 hectares
• Proximity to Road, Air, Rail, Ports
• Water Supply > 2,000,000 Litres Per Day
• Direct Access to Waste Water Treatment
• Natural Gas High Pressure Connection
• Electricity > 15/20 mva
Strategic Site Initiative
Waterford Belview Knockhouse
Dublin Blanchardstown Grangecastle
Galway Oranmore Athenry
Dundalk Mullagharlin
Cork Ringaskiddy Carrigtwohill
Galway
Cork
Waterford
Dublin
Dundalk
Strategic Sites
Dublin
Blanchardstown
College Business Park
▪ 44.5 ha in IDA Control
▪ Full Infrastructure Availability
Grangecastle
▪ 120 ha in Public Ownership
▪ Full Infrastructure Availability
▪ Advance Planning for Wafer Fab
Grangecastle
College BP
Key Stakeholder Relationships
Key Personnel
Client Liaison
Itinerary Attendance
Industry Needs
Strategic Vision
TEAM IRELAND
Oranmore Site
LAND c.27 Hectares
WATER 2272 m³ per day
POWER Up to 25 Mw
GAS 5000m3 hr available
EFFLUENT Municipal plant with 2272m3 hyd capacity & 4000 p.e.* organic capacity
(* p.e. = Population Equivalent)
The World’s first Pre – Permitted BioPharma Facility
Pre-permitted shell allows immediate start on site with known conditions and neighbour interfaces.
Flexible generic manufacturing buildings allows internal re-configuration to any client requirements without recourse to planning authority
Phasing of project allows huge manufacturing and scale flexibility.
Site serviced with large scale utilities and known environmental thresholds.
Galway City Context
Oranmore Site Master Planning
Potential Scope of Project and Phasing Possibilities
IDA Oranmore Galway - Biotech Campus
Thank You