Oireachtas Joint and Select Committees

Wednesday, 25 June 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

General Scheme of the Industrial Development (Miscellaneous Provisions) Bill 2025: Discussion

2:00 am

Ms Sarah O'Connell:

On the first point, there is a very strong, well-established base of FDI client companies, particularly around the places the Deputy mentioned such as Carrigtwohill, Little Island and across the entire south-west region. Obviously, our focus is on strengthening that regional investment and footprint. As a consequence, we have realised 235 client companies across the region, employing more than 51,000 people. We do not see those 51,000 people as based within the Carrigtwohill area. It has quite a broad stretch across the entirety of the region. Our focus is on that cluster and ensuring we can leverage the companies that are pre-existing through transformation and new incentives. Of course, we will seek to attract new client wins within each region. It is important that we look at it from the regional context as well as the national context so we can ensure the ecosystem has the right supports in place to support that existing footprint and the clients of the future.

On the next generation strategic sites, we absolutely are looking at an initiative in that space. It is a very ambitious activity around identifying locations that have the potential to have a significant footprint based on them, and the search continues.

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