Dáil debates
Thursday, 24 October 2019
Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation
12:45 pm
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
Molex Ireland intends to close its facility in Shannon while 300 people are set to lose their jobs in Novartis in Cork. Ireland is radically imbalanced geographically at present, with investment, jobs and infrastructure going to Dublin. It is becoming a city state and it has got worse under this Government. It is also radically exposed in respect of its economic model. Foreign direct investment is good and should be pursued, but Ireland is over-reliant on it. Our indigenous sector is the poor relation in Government policy. It has deeper roots, is more sticky and is less mobile and less exposed to corporation tax and tariff changes. These corporation tax and tariff changes are coming down the track. When will the Government start to prioritise regional Ireland and make sure that indigenous business is not the poor relation?
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