Oireachtas Joint and Select Committees

Wednesday, 9 November 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Current Issues Affecting Trade in Ireland: Enterprise Ireland

Photo of Ollie CroweOllie Crowe (Fianna Fail) | Oireachtas source

I thank Mr. Clancy for that. I concur with a fair bit of it because this is certainly very challenging. In certain areas I do not know if 40% is enough. There are businesses going through significant pressure.

I will raise just a few further points. The 2021 data showed that Enterprise Ireland-backed companies employed more than 200,000 individuals across Ireland, exceeded €27 billion in exports and directly invested €9.79 billion in the Irish economy in the form of salaries. Could the witnesses add to that? What level of growth does that involve from, say, the position five years ago? Do the witnesses expect those figures to grow further in 2023?

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