Oireachtas Joint and Select Committees

Tuesday, 27 February 2018

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Update on Preparations for Brexit: Discussion

4:00 pm

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I thank the witnesses for their presentations. They have been extremely informative about the range of services being offered by their organisations. I have follow-up questions to fill in some of the gaps. Our colleagues in Enterprise Ireland mentioned 651 companies which are highly exposed to the UK market. Do the witnesses have an idea of how many jobs that would relate to? If they do not, maybe they could follow on with that information. It would be important to understand the potential threat to jobs there. I wanted to speak to Mr. Donoghue and Ms Buckley specifically about those 20 relocations and the 2,500 jobs that they have been successful in bringing to Ireland. Perhaps it is similar to what the previous speaker said. What were the major factors in those specific successes? Where was tax in the range of considerations? If they were ordered, would talent go first and tax last? How important is the tax offering? Is it possible to get a broad breakdown of where companies have relocated to? How many of the 20 companies to date have come to Dublin as opposed to the regions? I thank our colleagues in InterTradeIreland for an excellent presentation. It is worrying to see that 92% of companies still have no formal planning in place. InterTradeIreland's start to plan initiative sounds really good. I have a simple question. Is €2,000 enough? What can one get for €2,000?

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