Thomas Reid had said that the IDA, the body responsible for inward investment in Ireland, was breaching his ‘constitutional right’ by pursuing the CPO of his 72 acres and 18th century house. The land and house are adjacent to Carton House and the Intel plant in Kildare.It is understood that he was approached in the past in an attempt to negotiate a settlement. It is believed that Reid was offered several million euro to vacate the premises but vigorously rejected all proposals.
Thomas Reid had said that the IDA, the body responsible for inward investment in Ireland, was breaching his ‘constitutional right’ by pursuing the CPO of his 72 acres and 18th century house. The land and house are adjacent to Carton House and the Intel plant in Kildare.
It is understood that he was approached in the past in an attempt to negotiate a settlement. It is believed that Reid was offered several million euro to vacate the premises but vigorously rejected all proposals.
When Reid refused to negotiate, the IDA enacted the CPO in October last year.
It is believed Intel is keen to acquire the lands to begin development on a major new plant in Kildare.
The development, should it get the go-ahead, would likely create in the region of 6,000 construction jobs with a benefit to the Irish economy of over €2bn.
A senior industry source said Ireland is currently in competition with Israel to win the major Intel development.
Intel management in America are, however, believed to favour a move to Ireland over Israel where diplomatic issues remain.
A hearing on costs will be heard on 16 October. Reid is currently considering whether or not to pursue an appeal through the Supreme Court.
In his summary, Justice John Hedigan said the granting of the CPO was in the ‘national interest’ and it ‘outweighed the individual’.
He said: “The need, never greater, to increase employment and generate business demands that sacrifices be made.”
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