Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Committee on Budgetary Oversight

Sovereign Wealth Funds: Discussion

Mr. Nick Ashmore:

With respect to regional activity in Ireland, we report once a year on the economic impact we are having. We report on the location of the jobs in the companies we have invested in and on the split of the gross value added, the economic activity of the businesses we have invested in. About 50% of the jobs are in Dublin and 50% elsewhere in the country. About 20% are in Leinster, outside Dublin; about 20% are in Munster; and the balance is split between Connacht and Ulster. About 38% of economic activity is in Dublin; 35% is in Leinster, outside Dublin; 25% is in Munster; 7% is in Ulster; and 5% is in Connacht. About half of our impact is in Dublin and the other half is all around the country with a greater concentration in Munster and Leinster.

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