The development of Next Generation Sites (NGS ) is a significant opportunity for regional economic growth and job creation, a Fine Gael Senator has said.
Senator Seán Kyne, Fine Gael’s candidate for the Galway West bye-election said this is a forward-looking and ambitious initiative which can deliver real benefits for regions.
“It is widely understood that the first site will be in the West and will be in Galway. It is a huge opportunity for the region in terms of high-quality jobs infrastructure investment, and long-term economic development,” he said.
“The programme will see the development of three large-scale sites, of between 500 and 1,000 acres, around the country over the next number of years, with each site designed to support the needs of major international investors. They will be supported by advanced infrastructure, utilities and transport connectivity which will help streamline development and reduce uncertainty for companies looking to invest in Ireland.
These sites will be fit for large-scale energy users such as chip manufacturers or pharmaceuticals, so that our value offering is strong when the next Intel or Eli Lily comes knocking.
NGS represents a major step forward in Ireland’s industrial strategy, designed to ensure our country remains competitive in attracting the next wave of large-scale, high-value manufacturing investments.
“A NGS for the west will be built on the success of Galway’s medtech and advanced manufacturing track record. It will strengthen the west of Ireland’s position as a hub for innovation and industry,” said Senator Kyne.
He also confirmed his intention to actively advocate for the project if returned to Dáil Éireann.
“I want to ensure that Galway and the wider region fully benefit from this opportunity. Its essential that we maximise the job creation and economic development associated with an initiative like this.”
Welcoming the Government Decision, Peter Burke TD, Minister for Enterprise Tourism and Employment said: “Developing Next Generation Sites is essential for Ireland to remain competitive in attracting large-scale, high-value manufacturing such as major semiconductor and life sciences investments and to position Ireland to be competitive in winning high-value, employment-rich projects in future-focused sectors.
“It is anticipated that there will be 3 NGS developed over the next 15 years, in the West, East and South of the country. These sites will be in the range of 500 – 1,000 acres each. The NGS approach will be “plan-led” – thereby streamlining development and reducing planning risks for new FDI. It will see the development of pre-permitted, utility-intensive sites, enabling efficient development and certainty for investors.
“NGS are critical infrastructure projects aimed at providing certainty for investors wanting to establish a sizeable operation in Ireland - crucial in today’s fast moving international environment. By preparing these sites in advance, we reduce risk and accelerate decision-making for investors thereby, enhancing Ireland’s FDI Value Proposition.”
