IDA to invest in Advance Technology Building in Waterford

The IDA is investing approximately €11 million in an advanced technology building in Waterford.

The state agency responsible for attracting foreign investment in Ireland is spending 22 million on two buildings in Waterford and Limerick.

The advanced building solutions are designed to attract firms looking to come here.

A spokesperson for the IDA told WLR news:


"As part of IDA’s Regional Building Programme, IDA Ireland has lodged planning applications for the development of Advance Technology Buildings on our Business & Technology Parks in Waterford and Raheen, Limerick.

"Ultimately an FDI investor makes the final decision on location in which to invest, however these applications will help to ensure property solutions are in place for overseas companies considering Ireland as a location for investment.

"The buildings are designed flexibility in mind to cater for the needs of multiple processes and sectors. Without knowledge of the ultimate occupier, IDA could not estimate the number of jobs with any accuracy.

The building will be located at the IDA Business and Technology Park in Waterford. Similar buildings previously developed are now occupied by Eirgen OPKO in Waterford, Aerie in Athlone and Meissner in Castlebar.