Economic Development in County Donegal

Image of Group at launch of Tanaiste Initiative

Donegal County Council
Community, Culture & Planning


Joint Initiative Between Donegal County Council and IDA Ireland

Donegal County Council and IDA Ireland have announced, in their role as strategic partners within the County Development Board, a joint initiative to enhance economic development in Co. Donegal.

Background:
Following agreement between IDA Ireland and Donegal County Council, the Council will acquire land, (totalling 8.10 hectares) and buildings, together with roads and services at the following locations, as shown on the attached maps:

Lands:
Lurganboy, Donegal Town
Carrickboy, Ballyshannon
Lisfannon, Buncrana
Milford
Carndonagh (road and open space)
Lisnennan, Letterkenny (road and open space)


Buildings:

Craft Village,
Lurganboy, Donegal Town
8no. units
Carrickboy, Ballyshannon 3no. units

The lands are being acquired after discount, at a cost of €1.4m which is to be offset by future development charges on IDA lands.

The land and buildings being transferred from IDA Ireland to Donegal County Council under this agreement provide a unique opportunity for both the IDA and Donegal County Council, to work together in promoting economic development, by assisting in a wide range of job creation opportunities for the county.

This agreement gives Donegal County Council the opportunity to develop land and buildings to benefit local enterprise and community projects within the county.

The agreement also enables IDA Ireland to actively continue promoting Donegal through its strategic business park in Letterkenny.

The Council in its role as promoting economic development welcomes the prospect of playing a pro-active role in promoting and developing these assets for the benefit of County Donegal.

The Donegal County Development Board acknowledges this agreement as part of the County Council’s efforts to work with all partners in a Donegal County Development Board context to promote enterprise and economic development in the region.

The Council looks forward to working with the tenants of the Craft Centre to promote the Centre as a tourist attraction and asset to the County.



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