Business Supports
Dail Éireann — 2026-04-28
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Matt Carthy (SF), Cavan-Monaghan

If a buyer is found and a new enterprise is established, the Minister will be there to cut the ribbon and get all the glory. That is the benefit of being in government. However, the job of being in government is that one does not get to hide behind a State agency when we are trying to secure reinvestment in an area that has been deprived because of the closure of a substantive factory. People refer to the prima facie evidence, good will and the rest of it. Has the Minister’s Department established whether the owners of the Newbaze site, previously the Bose factory, availed of the immigrant investment scheme, for example?
There are huge question marks over what exactly happened on the site. Given the level of investment we were told was being made in the building, with virtually no economic activity as a result, it does not make sense.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-04-28/debate/main
Retrieved: 2026-08-14T04:54:52+00:00
Sitting date: 2026-04-28