Oireachtas Joint and Select Committees

Wednesday, 26 January 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Strategy, Targets, Achievements and Future Progress: IDA Ireland

Mr. Martin Shanahan:

Ireland has developed a technology hub with which many countries would be extraordinarily happy and of which they would be very proud. The IT services sector, of which data centres are a part, account for €52 billion, or 16%, of the gross value added in the economy. The number employed in the sector is approximately 140,000. Those are very significant and high-value jobs. Ireland has moved from a situation where we did not have that kind of technology sector to having that kind of technology sector.

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