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Written Answers — Department of Enterprise, Trade and Employment: White Papers (23 Nov 2023)

Simon Coveney: ...2022, the White Paper on Enterprise sets out the Government’s approach to enterprise policy for the period to 2030. The White Paper sets out Ireland`s industrial policy for the medium- to long-term, building on Ireland`s economic strengths of an open economy with strong trade and foreign direct investment, a vibrant innovation hub, and a resilient labour market. In May of this...

Written Answers — Department of Enterprise, Trade and Employment: Foreign Direct Investment (23 Nov 2023)

Simon Coveney: Ireland continues to be a location of choice for new investors and long-established companies who choose to reinvest in substantial expansions of their operations here. Foreign Direct Investment (FDI) plays a significant role in Ireland’s economy and the flow of FDI into the country is strong. Numbers directly employed in the multinational sector in Ireland reached 301,475 at the end...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (15 Nov 2023)

Simon Coveney: ...clients. In June 2021, IDA Ireland acquired two landbanks in Co Louth. These land acquisitions, with a combined total of c.157 acres are situated in Drogheda and in Dundalk and form part of IDA’s long term strategic plan to position Louth and the wider region to compete for FDI investment. IDA Ireland has also recently delivered an Advanced Office Solution on their Finnabair...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Policy (7 Nov 2023)

Simon Coveney: ...Team conducts ongoing assessments to identify emerging trends, innovations and opportunities across the technology space, both nationally and across global markets. By doing so and by adopting a long-term timeframe, Enterprise Ireland is able to strategically advise it’s client companies on the research and development as well as on strategic business decisions required to...

Written Answers — Department of Enterprise, Trade and Employment: Budget 2024 (18 Oct 2023)

Simon Coveney: ...’s property programme bringing the total Exchequer allocation to for 2024 €204.3m. My Department will now work with the IDA on the allocation of the €27m across these budget lines. While Ireland’s long-standing track record as a resilient, stable and innovative location in which to do business provides a strong foundation which to build in the period ahead, it...

Ceisteanna Eile - Other Questions: Exports Growth (12 Oct 2023)

Simon Coveney: The Deputy might remember, although it seems like a long time ago, that Ireland was in the space of export credit insurance in the past. Following the beef tribunal report, the then Government essentially decided to phase it out. Based on the findings of a review carried out later, the then Tánaiste, Mary Harney, concluded that the insurance exposure levels imposed on the State were...

Written Answers — Department of Enterprise, Trade and Employment: Energy Prices (12 Oct 2023)

Simon Coveney: ...businesses as a result of high energy prices. The Government has been consistent in its focus on mitigating the worst of these impacts for businesses in the short term, while investing in the long-term resilience and sustainability of our energy system so that we are not so exposed in future. The Budget, announced on Tuesday, provides a balance of short-term supports and prudent planning...

Written Answers — Department of Enterprise, Trade and Employment: Departmental Policies (12 Oct 2023)

Simon Coveney: .... Sustainable Energy Authority of Ireland (SEAI) data shows the Department reduced C02 emissions by 11% in 2022. We have improved our energy efficiency by 65% since the baseline year (2009). We have a long standing internal green team which over the past four years has facilitated the delivery of many significant decarbonisation initiatives, several in collaboration with partners in the...

Written Answers — Department of Enterprise, Trade and Employment: State Properties (10 Oct 2023)

Simon Coveney: ...(EI) and Local Enterprise Office (LOE) client investments in regional locations. The ongoing replenishment of stock is essential to ensure the portfolio remains fit-for-purpose and demonstrates longevity. As client requirements continue to evolve, there is a necessity and market imperative for IDA having ‘ready to go’ serviceable site solutions to support the initial and...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (4 Oct 2023)

Simon Coveney: ...the 139 investments outside of Dublin during the first half of the year. This builds on the 2022 figures of 52% of investments won (127 projects of the 242) going to regional locations. Our aim is for well paid, long-term sustainable jobs, to be available in every region in Ireland. The FDI performance in the Mid-East Region, which includes counties Louth and Meath, has been strong over...

Written Answers — Department of Enterprise, Trade and Employment: Environmental Policy (26 Sep 2023)

Simon Coveney: The Growth and Sustainability Loan Scheme is a long-term loan guarantee scheme jointly developed by my Department and the Department of Agriculture, Food and the Marine. The scheme is underpinned by resources from the European Investment Bank Group and delivered by the Strategic Banking Corporation of Ireland. The €500 million Growth and Sustainability Loan provides longer-term lending...

Ceisteanna ó Cheannairí - Leaders' Questions (20 Sep 2023)

Simon Coveney: ...Government is absolutely focused on trying to help people to own their own homes and on delivering approximately 5,500 affordable homes this year, which is significantly more than has been provided for a very long time. Of course, we will also deliver in and around 12,000 social homes this year, which is significantly more than anything we have seen since the 1970s. The total housing...

Written Answers — Department of Enterprise, Trade and Employment: Small and Medium Enterprises (20 Sep 2023)

Simon Coveney: ...pro-enterprise and pro-competitive policies for all Irish enterprise. Published in December 2022, the White Paper on Enterprise 2022-2030 sets out Ireland`s industrial policy for the medium- to long-term, building on Ireland`s economic strengths of an open economy with strong trade and foreign direct investment, a vibrant innovation hub, and a resilient labour market. The White Paper sets...

Written Answers — Department of Enterprise, Trade and Employment: National Standards Authority of Ireland (20 Sep 2023)

Simon Coveney: ...require any notification to the European Commission as it relates to management systems and not products. NSAI was in a position to continue to provide auditing services under ISO 9001 and ISO 14001 as long as it complied with certain criteria. NSAI continued to work closely with INAB during the suspension period by providing the technical information required by INAB. This led to the...

Written Answers — Department of Culture, Heritage and the Gaeltacht: Tourism Industry (20 Sep 2023)

Simon Coveney: ...pro-enterprise and pro-competitive policies for all Irish enterprise. Published in December 2022, the White Paper on Enterprise 2022-2030 sets out Ireland`s industrial policy for the medium- to long-term, building on Ireland`s economic strengths of an open economy with strong trade and foreign direct investment, a vibrant innovation hub, and a resilient labour market. The White Paper sets...

An tOrd Gnó - Order of Business (11 Jul 2023)

Simon Coveney: We had quite a long discussion on this at Cabinet today. A range of positive things is happening in terms of modern methods of construction. We will see much more social housing delivered using this technology - about 1,700 homes this year and next year - to show that this can be done cost effectively and produce quality homes while doing it. The Deputy asked about higher buildings using...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Support Services (6 Jul 2023)

Simon Coveney: The White Paper on Enterprise, which was published last December, sets out Ireland`s industrial policy for the medium- to long-term. It recognises the importance of clustering to sustain and develop competitive advantage in areas of strategic importance and potential, in particular the twin transitions of green and digital. Under the Pillar titled “Building on Strengths and...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Employment Support Services (29 Jun 2023)

Simon Coveney: ..., together with my officials, on 15 June. The company informed me that the decision to suspend operations temporarily and place the mine into care and maintenance had been taken to safeguard the long-term future of the company. The company representatives said they were in a very difficult financial position due to a number of factors including a decline in the price of zinc, which has...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (29 Jun 2023)

Simon Coveney: For an advanced economy like Ireland, innovation is the best way to generate sustainable, long-term productivity growth. Investment in research, development and innovation (RD&I) by companies and enterprises is critical to ensuring we have a strong competitive economy. This underlines the importance of sustaining the ambitious RD&I investment programmes that my Department and its...

Written Answers — Department of Enterprise, Trade and Employment: Regional Development (29 Jun 2023)

Simon Coveney: ...investment in quality building & land solutions in regional locations. In 2021, IDA Ireland acquired a new 39-acre landbank at The Mell in Drogheda, Co Louth. This landbank will form part of IDA’s long term strategic plans to position Drogheda and the wider Mid-East region to compete for Foreign Direct Investment. Specifically, IDA Ireland have advised that a...

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