IDA Ireland’s €10m land purchase backs Oranmore for industry base

IDA Ireland has trebled its footprint on the outskirts of Oranmore by purchasing more than 100 acres of land to support industry.

It’s understood the semi-state body purchased some 42.9 hectares on the outskirts of Oranmore, for a price in excess of €10 million.

The strategic purchase of land adjacent to some 21 hectares zoned ‘business and technology’ and already owned by the IDA, was a “major vote of confidence” in Oranmore and Galway, according Cathaoirleach of the Athenry/Oranmore Municipal District, County Councillor Liam Carroll (FG).

It brings the total amount of land owned by the IDA in the area to over 150 acres.

This latest parcel, purchased at the end of 2022, is located off the N67 Claregalway Road, to the north and east of the Galway to Dublin Rail line.

“It would be ideally suited and attractive to a major multinational company or companies for the establishment of a high tech, pharmaceutical or medical device type facility,” Cllr Carroll said.

The entire site of 150-plus acres is close to the M6 motorway, and an hour away from international links, Shannon Airport and Ireland West Airport in Knock.  It is also close to a number of potential Park & Ride sites, identified by the National Transport Authority as being suitable for commuters.

It’s understood the land is zoned agricultural and would require a material alteration to the County Development Plan to be voted on by county councillors, in order for it to be rezoned before 2028.

(Photo: Cllr Liam Carroll, who believes the land could be developed for a tech or pharmaceutical hub).
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