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Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (23 Jul 2024)

Peter Burke: Regional development is a key element of Government's enterprise policy, as set out in the White Paper on Enterprise, and is a key focus of the work of my Department and our Agencies. In that regard, IDA Ireland is targeting at least half of all investments to regional locations. There are currently 118 IDA supported multinational companies operating in the Mid-East, directly employing 20,429...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (23 Jul 2024)

Peter Burke: Ireland has a proven track record as a Foreign Direct Investment (FDI) destination, with half of the multinationals located in Ireland being here for 10 years or more, while one-third has been in Ireland for 20 years or more. The global technology sector, along with life sciences, international financial services, and engineering have been important growth engines of the Irish economy. The...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (23 Jul 2024)

Peter Burke: Regional development is a key element of Government's enterprise policy, as set out in the White Paper on Enterprise, and is a key focus of the work of my Department and our Agencies. The availability of property and infrastructure solutions is a key factor in investment decisions and a robust property and infrastructure ecosystem can be the key differentiator in winning Foreign Direct...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (23 Jul 2024)

Peter Burke: Regional development is a key element of Government's enterprise policy, as set out in the White Paper on Enterprise, and is a key focus of the work of my Department and our Agencies. In that regard, IDA Ireland is committed to the pursuit of balanced, compact regional development and is targeting that at least half of all investments - that is 400 of 800 - from 2021 to 2024 to regional...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Policy (23 Jul 2024)

Peter Burke: IDA Ireland have confirmed that they have not carried out a Skills Audit in County Wicklow. However, I am advised that Wicklow County Council have done so, should the Deputy wish to follow up with Wicklow County Council.

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (23 Jul 2024)

Peter Burke: Regional development is a key element of Government's enterprise policy, as set out in the White Paper on Enterprise, and is a key focus of the work of my Department and our Agencies. In that regard, IDA Ireland is committed to the pursuit of balanced, compact regional development and is targeting that at least half of all investments - that is 400 of 800 - from 2021 to 2024 to regional...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (23 Jul 2024)

Peter Burke: Regional development is a key element of Government's enterprise policy, as set out in the White Paper on Enterprise, and is a key focus of the work of my Department and our Agencies. In that regard, IDA Ireland is committed to the pursuit of balanced, compact regional development and is targeting that at least half of all investments - that is 400 of 800 - from 2021 to 2024 to regional...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (23 Jul 2024)

Peter Burke: The availability of property and infrastructure solutions that meet the needs of Multi-National Corporations and indigenous clients remain essential to winning investments. IDA Ireland assists internationally trading enterprises, including clients of Enterprise Ireland and the LEOs, through its Regional Property Programme. This is especially important for IDA Ireland clients as a robust...

Written Answers — Department of Enterprise, Trade and Employment: State Bodies (23 Jul 2024)

Peter Burke: Both IDA Ireland and Enterprise Ireland have highly skilled and highly motivated workforces who are dedicated to ensuring that Ireland has a successful enterprise base which competes globally. Vacancies will arise for a variety of reasons including retirements. I am advised that the current number of vacancies in Enterprise Ireland, in Ireland and across their global network, is 94.5...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Policy (23 Jul 2024)

Peter Burke: Climate Action Plan 2023 included actions EN/23/3(TF) and BE/23/31(TF) to develop roadmaps for the Decarbonisation of Industrial Heat in our Manufacturing Sectors, and the Decarbonisation of our Commercial Buildings. My Department’s Roadmap for the Decarbonisation of Industrial Heat was published on 23 June this year. The Roadmap will outline the trajectory to meet the binding...

Written Answers — Department of Enterprise, Trade and Employment: Living Wage (23 Jul 2024)

Peter Burke: As the Deputy will be aware, in 2021 the Low Pay Commission was asked to examine the programme for Government commitment to progress to a living wage and provide recommendations on how best to achieve this commitment. The Low Pay Commission’s recommendations were received and considered and in November 2022, Government agreed that a national living wage would be introduced and set at...

Written Answers — Department of Enterprise, Trade and Employment: National Minimum Wage (23 Jul 2024)

Peter Burke: As the Deputy is aware, in February 2022, the Low Pay Commission was asked by the then Tánaiste and Minister for Enterprise, Trade and Employment to examine the issues around retaining or removing the sub-minimum youth rates of the National Minimum Wage and to make recommendations on the subject. To inform its work, the Low Pay Commission asked the ESRI to conduct background research on...

Ceisteanna Eile - Other Questions: Grant Payments (11 Jul 2024)

Peter Burke: We currently have €230 million transferred to the local authority sector and that will cover the first and second rounds. Once that is disbursed, there will be a small enough buffer left over and, at that stage, we will assess what we can do with it. My focus is that any money that is voted by this House in the budget will be spent by my Department this year, and I am very clear on...

Ceisteanna Eile - Other Questions: Grant Payments (11 Jul 2024)

Peter Burke: We will do our very best to have a strong budget for businesses. That is central to what we are doing in the Department. The benefits of our SME package are now being felt across the country. The reduced rate of PRSI will take effect from 1 October for workers on the national minimum wage. That process will be linked directly to the Low Pay Commission to ensure that minimum wage workers...

Ceisteanna Eile - Other Questions: Grant Payments (11 Jul 2024)

Peter Burke: I thank the Deputy for his question. The increased cost of business scheme was announced in budget 2024. It has been allocated €257 million and is specifically designed to target smaller businesses. It was initially opened for registrations between 14 March and 1 May. However, on 15 May, I announced two changes to the scheme as part of the wider SME package. First, registration...

Ceisteanna Eile - Other Questions: Industrial Development (11 Jul 2024)

Peter Burke: I thank Deputy Flaherty for his important question and the work he is doing in this regard. IDA Ireland’s regional property programme ensures the continued supply of land, buildings and infrastructure in regional locations to meet the needs of current and prospective clients of IDA Ireland, as well as Enterprise Ireland and the local enterprise offices. Indeed, the availability of...

Ceisteanna Eile - Other Questions: Industrial Development (11 Jul 2024)

Peter Burke: I will do that. I spoke with the chief executive of IDA Ireland in connection with how important it is to progress investment in the midlands and in Longford town. The Deputy quite rightly points out the significant offering in Longford. The infrastructure is improving. One can see the N4, now obviously the preferred route, coming to the fore. It is an important artery of connectivity...

Ceisteanna Eile - Other Questions: Industrial Development (11 Jul 2024)

Peter Burke: For Deputy Flaherty's information, we will continue to work hard on that. It is in the capital plan. Hopefully, we will have a strong budget for business. We are working hard with our bilateral discussions with both Ministers to ensure that we have a strong business budget and, obviously, IDA Ireland will be central to that. In response to Deputy Murnane O'Connor, I will endeavour to...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Job Creation (11 Jul 2024)

Peter Burke: Wavin Ireland has been an IDA Ireland client company for more than 60 years. My Department received a notification of collective redundancy from the company last Friday, 5 July, confirming its intention to reduce its workforce by some 50 positions by the end of the year due to the transfer of manufacturing functions to its facility in the UK. As always, the primary concern, in the House and...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Job Creation (11 Jul 2024)

Peter Burke: I am happy to work with the Deputy to support the community and provide high-quality jobs. That is important to our economy. IDA Ireland is drawing up a new strategic plan to ensure we remain competitive and can attract high-quality jobs into the region. The statistics are very good. Approximately one third of the new investment coming into the country at the moment is by new-name...

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