Oireachtas Joint and Select Committees
Wednesday, 6 December 2017
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Foreign Direct Investment and Jobs Growth: Discussion
5:00 pm
Mr. Martin Shanahan:
That is why I am reminding the Deputy he left it out. Athlone is doing okay. It is important that it is because it is part of the strategy to make sure there are hubs in regions and that we can build out further from those hubs. An important point is we start every year with no investment and we have to go out and win it. We have to go out and win it for Ireland and increasingly we are trying to target regional locations. There are some investments that will never come to regional Ireland. That is the reality of it. It is not a choice between Dublin and the midlands or even Limerick and the midlands. There are certain investments that will only come to Dublin or Cork. Increasingly we are swimming against the tide because larger investments are migrating to larger urban areas and that is the big challenge. They will come to big cities. That is the challenge and we will try to work around it. We have increased our emphasis on manufacturing because it is more likely to go to rural Ireland. We will build out from hubs. We have, as the Deputy pointed out, some extremely good reference investments in the midlands, not just IDA investments but also indigenous ones. We have to harness all of that, point to them and say it can be done. Up to quarter three, there were a significant number of site visits to the midlands but we can do more. There have been some good investments. I mentioned Athlone already. In Longford the Center Parcs investment is a huge transformative investment for that area. The Deputy should not doubt our commitment to try to do this in rural Ireland. I cannot wave a magic wand. I cannot do it for Longford or Leitrim any more than I can do it for Kerry. It does not work like that. The Deputy should not doubt our commitment to try to achieve this. The largest IDA office outside of Dublin is in Athlone and every IDA marketing executive overseas and every individual in Ireland is committed to trying to win regional investment.
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