Land transferred for new Bioconnect Centre in Monaghan town

A parcel of land has been secured for the development of the Bioconnect Innovation Centre in Monaghan town.

0.92 hectares of IDA Ireland land in the Knockaconny area is being transferred to Monaghan BioConnect CLG on a 25 year lease. The site is being disposed of below market value for a nominal fee of €1 and is therefore subject to Government approval.

The Bioconnect Centre is a €5 million project that will create a space for a consortium of the agri-food sector to use network in a non-competitive environment.