Dáil debates
Thursday, 26 November 2015
Other Questions
Economic Competitiveness
10:30 am
Richard Bruton (Dublin North Central, Fine Gael) | Oireachtas source
The export plan set by the previous Government for 2014 was exceeded dramatically by Irish-owned enterprise. It is not true that Irish businesses are underperforming in the markets; they are exceeding expectations. We have enjoyed double-digit export growth from our Irish-owned companies in the past three years. That is exceptional performance. It is driven by some very innovative sectors, including food and software development, FinTech and so on. We can stand and compete side by side with any companies, from Denmark or anywhere else in the world. I know that from the trade missions. We are winning in sectors where we have a competitive edge. The Deputy is right that there are costs and they cover all ranges, including labour, transport, property and so on. The public utilities have undergone cost restructuring and have sought to reduce the cost in the utilities. The Minister took measures in the budget to reduce transport costs, particularly in respect of freight.
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