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