The investment will in the meat processing sector
There's confidence a major investment in the meat processing sector in Offaly will get approval at the second time of asking.
A potential 40 million euro outlay in Banagher by a Hong Kong group stalled, when the Department of Justice rejected an application to the Immigrant Investor Programme in August.
I-I-P was set up to encourage foreign investment in Irish industry but concerns were raised about the plant being concentrated in the Chinese market.
Laois/Offaly Fianna Fail TD Barry Cowen says that issue has been addressed:
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