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

Mr. John Hughes:

Of the total of €280 million, approximately €120 million is for grants to industry, €75 million is for the regional property programme and approximately €70 million is split roughly 50:50 between staffing costs, promotion and advertising, the overseas property footprint, marketing and so on, which is clearly a significant cost at a global level, as it involves purchasing ads on social media, Bloomberg and the like.

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