IDA IRELAND PROPERTY STRATEGY

Paul Cronin October 11th 2007

Ireland

• 4 million people

• Member of EU

• 12.5% Corporation Tax

• Highly skilled workforce

• 4.4% GDP Growth in 2006

• 1,050 FDI companies

IDA Ireland

• Irish Investment & Development Agency

• Established in 1969

• Attracts new investment from overseas

• Encourages expansions

“One Stop Shop”

• Only Agency for FDI

• Only FDI

• Own Budget – approves and gives grants

• Owns Business Parks

• Advocate for FDI client for all issues

IDA IRELAND

Property Division

Property Evolution

60’s-70’s • Land transferred from Local Authorities to IDA. • Industrial Estates & Buildings owned and managed by IDA.

60’s-90’s • 2 hectares Sites, 4,000 sq m² Factory

‘80’s • PPP for 110 Factories

‘90’s • Office Buildings for Service Sector, IFSC • Quality Environment with Landscaping

2004-2010 • Infrastructure to World Class Standard. • Strategic Differentiator.

CURRENT ACTIVITIES

ACQUISITION•Freehold

DISPOSAL• Leasehold •Freehold

DEVELOPMENT• Leasehold

-Land Owners-Local Authority-NRA, Irish Rail-State Agencies e.g. Teagasc-Estate Agents-Consultants

-Local Authority-Consultants Engineers & Architects-Contractors-NRA EPA-Bord Gais-ESB-Private Developers

-FDI Clients- Irish Clients-Open Market-Local Authority

IDA “Flagship Business Parks”- The evolution, current and future status

IDA’s “Flagship Business Parks”

Letterkenny

Sligo

Castlebar

Westport

GalwayTuam

Cavan

Navan

Arklow

Wexford

Cork/Kilbarry

Fermoy

Clonmel

Carlow

Kilkenny

Portlaoise

Tullamore

Athlone

Mullingar

Ballinasloe

Roscommon

• 25 IDA “Flagship Business Parks”

• Located in line with National Spatial Strategy • 350 Hectares Available

• Rolling Replacement

Ballybrit Galway – the “Industrial Estate” of the early 70’s

Carlow Business & Technology Park

- Flexible building propositions located on a World Class Business & Technology Park

Defining The “ Integrated Park ” Concept

Keeping Ireland as a

a world class location for

Pharmaceuticals & Bio

Technology

Pharmaceutical Industry Overview

• 48% market share in 2004 - BCI Consulting

• 9 of the top 10 Pharma companies in Ireland

• €33bn + in Pharmaceutical Exports

• 19,500 Employees

• 6/10 Blockbusters

• Excellent regulatory record

• 32 FDA approved plants

• Largest contributor of corporation tax

World’s Leading Companies in Ireland

• Zoned Land > 30 hectares

• Proximity to Road, Air, Rail, Ports

• Water Supply > 2,000,000 Litres Per Day

• Direct Access to Waste Water Treatment

• Natural Gas High Pressure Connection

• Electricity > 15/20 mva

Strategic Site Initiative

Waterford Belview Knockhouse

Dublin Blanchardstown Grangecastle

Galway Oranmore Athenry

Dundalk Mullagharlin

Cork Ringaskiddy Carrigtwohill

Galway

Cork

Waterford

Dublin

Dundalk

Strategic Sites

Dublin

Blanchardstown

College Business Park

▪ 44.5 ha in IDA Control

▪ Full Infrastructure Availability

Grangecastle

▪ 120 ha in Public Ownership

▪ Full Infrastructure Availability

▪ Advance Planning for Wafer Fab

Grangecastle

College BP

Key Stakeholder Relationships

Key Personnel

Client Liaison

Itinerary Attendance

Industry Needs

Strategic Vision

TEAM IRELAND

Oranmore Site

LAND c.27 Hectares

WATER 2272 m³ per day

POWER Up to 25 Mw

GAS 5000m3 hr available

EFFLUENT Municipal plant with 2272m3 hyd capacity & 4000 p.e.* organic capacity

(* p.e. = Population Equivalent)

The World’s first Pre – Permitted BioPharma Facility

Pre-permitted shell allows immediate start on site with known conditions and neighbour interfaces.

Flexible generic manufacturing buildings allows internal re-configuration to any client requirements without recourse to planning authority

Phasing of project allows huge manufacturing and scale flexibility.

Site serviced with large scale utilities and known environmental thresholds.

Galway City Context

Oranmore Site Master Planning

Potential Scope of Project and Phasing Possibilities

IDA Oranmore Galway - Biotech Campus

Thank You