Dáil debates

Tuesday, 3 December 2019

Ceisteanna Eile - Other Questions

Job Creation

6:25 pm

Photo of Pat BreenPat Breen (Clare, Fine Gael) | Oireachtas source

I propose to take Questions Nos. 48 and 78 together.

Regional development remains a key priority for the Department. We understand the importance of achieving the best possible spread of employment and investment across the country and my Department and its agencies have been working hard towards that goal. That will remain the case in 2020 and beyond.

It is therefore very positive that significant progress has already been made towards that objective. For example, 58% of all IDA Ireland client-supported employment is now situated outside Dublin. This figure represents the highest level of regional employment in the history of IDA Ireland and reflects the significant energy and resources invested in supporting regional development. We will seek to increase that number in 2020.

IDA Ireland continues to draw the attention of investors looking to locate in Kildare to every part of that county. There are 29 IDA Ireland-supported client companies in County Kildare, which collectively employ almost 8,900 people. This represents an increase of 4.5% over 2018 and I expect the final results for 2019 will show further employment growth. The county has a strong contingent of overseas firms in the technology, financial services and pharmaceuticals sectors. IDA Ireland clients such as Intel and Procter and Gamble are located in Kildare and continue to perform very well.

IDA Ireland's efforts to increase foreign direct investment, FDI, in Kildare is strengthened by the presence of Maynooth University. The university has been involved in a number of research projects with IDA Ireland client companies. The Hamilton Institute is a world leading research unit in ICT with a focus on drones, artificial intelligence and robotics and the Innovation Value Institute has been co-developed with Intel.

County Kildare remains a very attractive area in which to invest. We welcome the recent decision by An Bord Pleanála to grant planning permission to Intel for its proposed new €3.6 billion manufacturing fabrication, FAB, facility at Leixlip. This planning permission comes three years after Intel secured planning permission for the first phase of the FAB facility investment which was also valued at €3.6 billion. In total, these represent a €7.2 billion investment which will employ 6,000 construction workers at the peak of its development and 1,600 jobs on completion. This high calibre investment reflects Kildare's significant potential and we will be working hard to attract further investment from overseas companies to the county.

While progress has been made in helping to generate new economic opportunities, the Government remains determined to achieve more. That is why we are continuing to unlock the further future economic development of the county.

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