Irish Government agri-food industry investment will deliver 12 important capital projects in primary food plants across Ireland.
A new investment of €32m in the Irish agri-food sector has been revealed by the Irish Government and Enterprise Ireland.
The public investment will ensure the delivery of 12 important capital projects in primary food plants across the country.
“Our agri-food sector employs 165,000 people in every county in Ireland and is a key driver of local economic prosperity”
This is the second funding announcement under the €100m Capital Investment Scheme for the Processing and Marketing of Agriculture products.
In total the scheme, when complete, will have backed 34 projects with total public and private investment of more than €420m; of which the 12 capital projects in this second funding phase will account for €160m. The Scheme is administered by Enterprise Ireland.
Market diversification
The scheme will assist companies to strengthen their operational capability and pursue product and market diversification strategies and will support the long-term future of our vital agri-food sector.
“Our agri-food sector employs 165,000 people in every county in Ireland and is a key driver of local economic prosperity,” said Minister for Enterprise, Trade and Employment Simon Coveney, TD.
“The Government is determined to support the long-term, sustainable future of the sector as it responds to consumer demand and seeks to diversify both its products and its markets. Today’s announcement completes the €100m capital investment scheme introduced in 2020 that will, when completed, support 34 major capital transformation projects, sustaining jobs and enhancing the export potential of this vital sector.”
Enterprise Ireland CEO Leo Clancy said that when completed the Capital Investment Scheme for the Processing and Marketing of Agricultural Products introduced in 2020 will see more than €420m in public and private investment in the long-term future of the Irish agri-food sector.
“This investment will pay dividends in the years to come and ensure that our great agri-food brands continue to compete and win in international markets.”
List of 12 Irish agri-food projects
| Company | Project Location | Short description | Funding under CIS |
| Dairygold Co-operative Society Limited | Castlefarm, Mitchelstown,Co Cork.
|
Market and product diversification in nutritional market | €1,430,603 |
| Kepak Clonee Unlimited Company | Ballybay, Co. Monaghan | Market and product diversification focused on beef products | €2,000,000 |
| Dansko Foods Limited | Kilmallock, Co. Limerick. | Market and product diversification project | €2,243,188 |
| Kildare Chilling Unlimited Company | Kildare town Co. Kildare. | Market diversification project | €2,459,700 |
| Lakeland Dairies Co-operative Society Limited | Lough Egish, Co. Monaghan. | Post Brexit market diversification project | €4,503,000 |
| Tirlán | Ballyragget, Co. Kilkenny. | Product and market diversification project | €1,477,000 |
| Dew Valley Foods Unlimited Company | Holycross, Thurles, Co. Tipperary | Post Brexit market diversification project | €5,000,000 |
| Tirlán | Ballyragget, Co. Kilkenny | Product diversification project focused on nutritional market | €3,965,670
|
| Liffey Meats (Cavan) Unlimited Company | Project across three locations (Cavan, Mayo, Carlow) | Product and market diversification project | €2,114,000 |
| Ingredient Solutions Limited | Boherbue, Mallow, Co. Cork. | Market diversification project | €2,830,000 |
| Staunton Foods Limited | Timoleague, Bandon, Co. Cork. | Market diversification project | €1,802,037 |
| Queally Pig Slaughtering Limited | Grannagh, Waterford. | Product and market diversification project | €2,000,000
|
