Dáil debates

Thursday, 30 June 2022

Ceisteanna ar Pholasaí nó ar Reachtaíocht - Questions on Policy or Legislation

 

12:00 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I see the south east as a region that is very much in catch-up mode. If the Deputy wants to look at statistics, he should look at the labour force survey statistics from the Central Statistics Office, CSO, which show that jobs growth in Ireland last year was at its highest in the south east and south west, not in Dublin or the west, which is a good sign of the south-east region catching up. There has been significant IDA Ireland investment, such as by State Street in Kilkenny and the announcement by IDA Ireland firms of about 600 jobs in and around Waterford city in the past year or so. On the Enterprise Ireland side, there was a positive development in the Port of Waterford, where the new Royal A-ware Glanbia Kilkenny cheese plant will be built. It will never be the case that because 9% of the population lives in a particular area, it will have 9% of FDI. That is not how it works. All over the world, FDI tends to gravitate towards cities for obvious reasons. Dublin has 25% of the population but it does not have 25% of the agricultural or tourism jobs. Different regions have different strengths and in every country in the entire world FDI tends to gravitate towards cities, while other things gravitate towards other regions.

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