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Written Answers — Foreign Direct Investment: Foreign Direct Investment (19 Jul 2011)

Richard Bruton: Both IDA Ireland and Shannon Development maintain a property portfolio of land and buildings specifically to support the promotion of Ireland and its regions as a suitable location for FDI by providing tailored property solutions. The Agencies acquire and sell land and buildings at market prices and grant support for industrial projects is a separate issue. On an ongoing basis, both agencies...

Written Answers — Enterprise Support Services: Enterprise Support Services (19 Jul 2011)

Richard Bruton: 2057The Government has published a comprehensive programme setting out its goals over the full range of policy concerns. The Government will address this programme over its term of office in a measured and prioritised way. Sections 201 to 204 of the Companies Act 1963 provide a structure for the negotiation of a scheme of arrangement or compromise between a company and its creditors under...

Written Answers — Industrial Development: Industrial Development (19 Jul 2011)

Richard Bruton: 1In relation to the factory referred to, I am informed that Enterprise Ireland has been monitoring the situation closely and continues to actively pursue a replacement enterprise for these particular premises. I have been further advised that the company has advertised the premises for sale. While Enterprise Ireland has no property portfolio, it did approve financial support for Community...

Written Answers — Credit Guarantee Scheme: Credit Guarantee Scheme (19 Jul 2011)

Richard Bruton: The Deputy will be aware that as part of the Jobs Initiative announced in this House on 10 May, both the Minister for Finance and I confirmed the commitment given under the Programme for Government to initiating a tendering process for the development of a temporary partial credit guarantee scheme. A call for competition for the design of a scheme was published on e-tenders on 15 June 2011,...

Written Answers — Departmental Bodies: Departmental Bodies (19 Jul 2011)

Richard Bruton: InterTradeIreland is the North South Trade and Business Development Implementation Body and is based at the Old Gasworks Business Park, Kilmorey Street, Newry, Co. Down. This is the Body's only premises which is leased from Clanrye Abbey Developments with rent being paid on a quarterly basis. The annual rent (Sterling) is as follows: 2008 – 2011 £162,500 + VAT per annum. The current lease...

Written Answers — Departmental Reports: Departmental Reports (19 Jul 2011)

Richard Bruton: Consultation with the relevant Departments and agencies, in relation to recommendations contained in the Ireland West Airport (Knock) Economic Scoping Report which are of interest to them, are ongoing. My Department has requested any outstanding observations as a matter of urgency. Once all observations have been received, I will then be able to formulate an overall position on how to...

Written Answers — Employment Rights: Employment Rights (19 Jul 2011)

Richard Bruton: There is no procedure under Irish company law for a company to go into administration. On the basis that the Deputy is referring to companies under administration, he may be referring to a situation where under UK company law, administration is an insolvency process where an administrator may also be appointed to undertake such administration in relation to their companies in Ireland. The...

Written Answers — Industrial Development: Industrial Development (19 Jul 2011)

Richard Bruton: Foreign direct Investment (FDI) has been, and will continue to be, a key element in the export led recovery of the economy. IDA Ireland is the statutory body charged with the attraction of FDI to this country and its regions. In March 2010, IDA Ireland published its strategy, entitled 'Horizon 2020' , for attracting (FDI) into Ireland in the coming decade. Among the targets set out in that...

Written Answers — Industrial Development: Industrial Development (19 Jul 2011)

Richard Bruton: Ireland is a successful major centre for Industrial operations. The ready availability of top quality talent has been an important contributing factor to the success of both multinational and indigenous companies in Ireland. The Expert Group on Future Skills Needs (EGFSN) advises the Government on current and future skills needs of the economy and on other labour market issues that impact on...

Written Answers — Job Creation: Job Creation (19 Jul 2011)

Richard Bruton: I propose to take Questions Nos. 237 and 242 together. The main factors impacting upon job creation and investment in manufacturing and services are a loss of confidence in the economy, access to finance for firms, costs competitiveness issues, including costs of labour, commercial rates, energy costs, certain business services costs (e.g. accountancy, legal services), and, in some cases...

Written Answers — Job Creation: Job Creation (19 Jul 2011)

Richard Bruton: Since taking office, my colleagues Minister Sherlock, Minister Perry and I, along with senior officials of the Department, have availed of every opportunity to engage with all the EU institutions on policies of mutual concern regarding job creation. As I outlined to the Deputy in my reply of the 6 June, I fully support the core elements of the European Union's new strategy for Jobs and...

Written Answers — Job Creation: Job Creation (19 Jul 2011)

Richard Bruton: I propose to take Questions Nos. 240 and 246 together. As the Deputy will be aware, on 10th May the Government announced the introduction of a range of measures under the Jobs Initiative to improve the competitiveness of the economy, to support the maintenance of existing jobs and the creation of new ones, and to assist those who are currently unemployed to return to work. Many of these...

Written Answers — Economic Competitiveness: Economic Competitiveness (19 Jul 2011)

Richard Bruton: A competitive economic environment is essential if businesses are to grow and create jobs. It is in this context that my Department is focusing on three specific areas where progress can be made – reducing the costs faced by businesses, improving access to finance, and encouraging innovation. Ensuring that Ireland is an excellent location and environment for business is a critical...

Written Answers — Job Losses: Job Losses (19 Jul 2011)

Richard Bruton: I propose to take Questions Nos. 243 and 245 together. The data requested by the Deputy in relation to the numbers of job losses in the manufacturing and service sectors by County, by month and the reason most commonly given for business failure leading to job losses by County and by month is not collated by my Department or the agencies under its aegis. With regard to the monitoring of...

Written Answers — Job Creation^^ Job Creation: Job Creation^^ Job Creation (19 Jul 2011)

Richard Bruton: The industrial development agency figures for jobs created are compiled annually in the Forfás Annual Employment Survey, the most up to date of which details job creation figures up until 2010. The figures are in respect of jobs created in firms assisted by IDA Ireland, Enterprise Ireland and Shannon Development, which come under the aegis of my Department. As the information is compiled...

Written Answers — Semi-State Bodies: Semi-State Bodies (19 Jul 2011)

Richard Bruton: The salary of individual employees in the Agencies under the remit of my Department is a day-to-day administrative matter for which I have no function. However, I am referring the specific question to each of the agencies under my remit with a request to respond to you directly.

Industrial Relations (Amendment) Bill 2011: Second Stage (19 Jul 2011)

Richard Bruton: I propose to share time with Deputies Seán Sherlock, Olivia Mitchell, Alex White and Brendan Griffin.

Industrial Relations (Amendment) Bill 2011: Second Stage (19 Jul 2011)

Richard Bruton: I thank the proposer of this Bill, Deputy Willie O'Dea. As the Deputy knows, the Government will not be opposing the taking of Second Stage. I accept the intention behind Deputy O'Dea's Bill is in good faith and that the Bill attempts to protect vulnerable workers. However, as the Taoiseach said earlier, our legal advice is absolutely crystal clear in that the Bill as drafted is not robust...

Industrial Relations (Amendment) Bill 2011: Second Stage (19 Jul 2011)

Richard Bruton: This Government has been clear from the outset. We sought to restore the national minimum wage and this we have done. We wanted to protect the JLC system but to reform it and to make it fit for purpose. An independent report has found that the system requires radical reform. The Government's position is clear: a reformed JLC system is required which will protect people. We have restored...

Job Creation (19 Jul 2011)

Richard Bruton: I propose to take Questions Nos. 27 and 239 together.

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