Oireachtas Joint and Select Committees

Tuesday, 18 June 2013

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

South-East Economic Development Strategy Report: Discussion

2:50 pm

Ms Nora Widger:

I take Deputy Lyons' point about the use of hubs. Birmingham is a hub to the rest of the world and if Waterford airport has the connectivity to Birmingham, that, in turn, delivers connectivity to the rest of the world.

Returning to the FDI question, it is important that there is a key location in Waterford and in the south east for IDA Ireland-based investment companies. There are sites in Waterford which may not be readily suitable for new FDI companies. Going back to Mr. Michael Walsh's point about new companies coming in, we have not seen one for quite a while. I believe that a regional director and regional presence from IDA Ireland is needed now in Waterford.

Finally, on indigenous businesses, the ten-point chambers' plan contains many ideas on incentives for indigenous companies regarding tax and creating employment. That is certainly something of merit that can be looked at.