Oireachtas Joint and Select Committees

Wednesday, 17 November 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2021: Committee Stage (Resumed)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The Deputy is correct that this is a sector in which Ireland could be doing a lot better. If you look at the strengths we have in animation and, more broadly, in the digital sector, the ingredients are there for Ireland to do far better than it is doing. We have engaged with the sector. The measure we have brought forward has received a very positive response from the sector. We have dealt in particular with Imirt, a representative body that has a variety of different companies included within it. It has given a positive response to the measure. The key issue we are likely to face is the supply of workers and graduates the companies need. I know there are a few universities that are doing great work in this area, namely, the Technological University Dublin, what will become the technological university of Munster and the Dún Laoghaire Institute of Art, Design and Technology. I understand from people who know a lot more about this than I do that they are doing really good work in training and educating students who will be able to work in this sector. I hope that in a few years when this relief is evaluated by the Department, we will be able to point to many new gains and people employed here as a result of it.

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