Dáil debates
Thursday, 26 November 2015
Other Questions
Regional Development
10:30 am
Denis Naughten (Roscommon-South Leitrim, Independent) | Oireachtas source
The Minister is correct when he points out that 90% of the growth is coming from indigenous local employers. Does he not agree that we need to support existing employers and those who want to set up or expand their business in their local areas? As he rightly points out, we are going to face challenges in many parts of the country in bringing in foreign direct investment, FDI. There is a discrepancy. For example, for every 29 jobs created in Galway city we are getting two in my constituency, Roscommon-Galway. In light of that, would it be possible to try to front-load and make additional funding available to the local enterprise offices, LEOs, in the likes of Roscommon and for businesses in east Galway where we will struggle to get FDI but where we can support local businesses? That fund runs out in both our counties by the middle of the year, which means we cannot expand and grow these enterprises in the second half of the year.
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