It's being described as "a major breakthrough" for the county.
The IDA has purchased land in Laois for the first time in a decade.
The newly-acquired 45 acre site is located next to the existing IDA Business and Technology Park on the Mountrath Road in Portlaoise.
IDA Ireland announced today that it has acquired lands adjacent to the Business and Technology Park in Portlaoise. This significant investment in the Midlands Region aims to future-proof the property offering in attracting FDI to the region and to Laois in particular#WhyIreland
— IDA Midlands Region (@IDAMidlandsReg) October 17, 2022
Laois has the lowest number of IDA-supported jobs in the country, with a new business alliance set up just last week to address the issue.
Junior Finance Minister and Laois-Offaly Fianna Fáil TD, Seán Fleming says it's a major breakthrough for the county:
READ MORE: New Alliance Formed To Address "Dire" Lack Of IDA Jobs In Laois
Almost €446,000 Allocated To Midlands Community Centres And Clubhouses
Two People Killed In Offaly Following Fatal Crash
Midlands Family Takes On Ireland’s Fittest Family Challenge
5K Fundraiser To Support Motor Neurone Disease Association Takes Place In Westmeath
No Slowing Down With Age As Westmeath Bowlers Shine At 14th Annual National Bowls Competition
Woman Appears In Court Over €280k Cannabis Seizure In Midlands
Status Yellow Fog Warning Issued For Leinster, Munster And Galway
Call For More Public Toilets Across The Midlands And Beyond