Oireachtas Joint and Select Committees

Wednesday, 15 February 2017

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

1:30 pm

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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I thank the Deputy for saying that. As he will be aware, currently one third of Ireland's IFS jobs are outside Dublin, so there is already a strong offering. IFS 2020 was developed with industry. I am working with those in the industry on a weekly basis to ensure we are across everything we need to be across. They have been incredibly helpful in terms of intelligence. I have been unambiguous on this. I think Cork should be the second city for international financial services. When I was there recently on my second visit I said it was not for me to say that because those in Cork have done it themselves. Organisations such as Cork Chamber, Connecting Cork and UCC are doing a fantastic amount of work to position Cork, which is a very exciting place. As the Deputy said, this is potentially a once in a lifetime opportunity and we need to ensure we are completely across it.

Having said that, I have also been to Kilkenny.