Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Mr. Leo Clancy:

As I said in response to Deputy Catherine Murphy earlier, I was pleasantly surprised to see more business being done with the UK but I still think there is more we can do with the eurozone. We can do both. We can continue to do more business into the UK and see the eurozone grow.

However, I would not discriminate on the basis of whether it is UK or eurozone. Hopefully we will see a smoothing of trade relationships with the UK that lets us continue to trade.

To answer the first part of the Deputy’s question, looking at the sectors that have done well for us last year, climate and sustainability was our top-performing sector in terms of job growth in 2022 at 13%. Digital has grown strongly. Notwithstanding the challenges of global technology, digital is the next strongest growing sector. We have seen growth across the board. Construction is doing remarkably well.