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Written Answers — Department of Enterprise, Trade and Employment: Business Supports (18 Apr 2024)

Peter Burke: As the Deputy has highlighted, many businesses are still to embark on their decarbonisation journey. We need to bring all enterprises with us as we transition to a more sustainable, low carbon economy. I am conscious that businesses - particularly smaller businesses - have many competing priorities at present. I and my Department are focussed on engaging businesses in the green transition,...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (18 Apr 2024)

Peter Burke: I propose to take Questions Nos. 103, 117 and 126 together. I recognise that firms have faced a significant challenge in facing multiple crises alongside cost increases over the last number of years, including Brexit, the COVID -19 pandemic, the Russian war in Ukraine and the associated supply chain shock, the energy cost crisis and rising inflation along with wage demands, and rising...

Written Answers — Department of Enterprise, Trade and Employment: Regional Development (18 Apr 2024)

Peter Burke: IDA Ireland’s Regional Property Programme is aimed at supporting economic development and job creation across the country by making property solutions available to its own as well as Enterprise Ireland and LEO clients. In this regard, the provision of property solutions is a key element of IDA’s marketing of the Midlands Region, including Longford and the IDA has committed to...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (18 Apr 2024)

Peter Burke: The PRSI Roadmap outlines planned annual increases in Pay Related Social Insurance (PRSI) over the period 2024 to 2028, intended to increase the sustainability of the social insurance fund (SIF), given the retention of the State Pension age at 66 is government policy and the commitment to introduce ‘Pay-Related Benefit’, a social insurance benefit set to replace...

Written Answers — Department of Enterprise, Trade and Employment: Referendum Campaigns (18 Apr 2024)

Peter Burke: I propose to take Questions Nos. 118 and 119 together. On Tuesday, Government agreed to a deferral of the constitutional referendum on Ireland’s participation in the Unified Patent Court which had been due to take place on the 7th of June 2024. The Government continues to believe that joining the UPC is essential, and that the referendum should be pursued. The Bill was...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (18 Apr 2024)

Peter Burke: As the Deputy will be aware all sectors of society are learning to mitigate and adapt to the effects of climate change. The decarbonisation of how companies generate heat during the manufacturing process is one aspect of that. As Minister for Enterprise, Trade and Employment it is my responsibility - through the work of my Department and its enterprise agencies – to meet the...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (18 Apr 2024)

Peter Burke: As the Deputy is aware, the availability of appropriate, innovative, and cost-effective property solutions that meet the needs of multinational companies at the forefront of a modern economy remains essential to winning Foreign Direct Investment (FDI). In this context, the IDA Regional Property Programme has been designed to ensure the supply of land, buildings and essential infrastructure...

Written Answers — Department of Enterprise, Trade and Employment: Industrial Development (18 Apr 2024)

Peter Burke: Under its current strategy, ‘Driving Recovery and Sustainable Growth 2021–2024’, IDA is committed to delivering 19 Advance Building Solutions across six regions in 15 locations. Eight buildings are now complete, a further 5 buildings are expected to be "on site" in 2024 with the remainder in the planning and site selection stages. Moreover, the IDA has made considerable...

Written Answers — Department of Enterprise, Trade and Employment: Trade Agreements (18 Apr 2024)

Peter Burke: The EU-Mercosur Agreement is designed to cement the close political and economic relations between the EU and Mercosur countries and represents a commitment to rules-based international trade. Since formal negotiations concluded in 2019, the global trade policy landscape has changed considerably. The rise in trade nationalism, the economic impacts of COVID-19, the war in Ukraine and the...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (18 Apr 2024)

Peter Burke: It is essential that Irish enterprise has access to an adequate pool of high quality, adaptable and flexible talent – particularly in the context of a tightened labour market and the challenges this poses for businesses in many sectors of the economy. In order to meet the demand for skills, there is close collaboration across Government, in particular between the Department of...

Written Answers — Department of Enterprise, Trade and Employment: Construction Industry (18 Apr 2024)

Peter Burke: Through the Housing for All strategy, and specifically the strategy’s Industry Capability Working Group, my Department is working with a range of partners across Government to ensure that the skills needs across all construction activities – housing new builds, infrastructural development, and retrofit – are fully addressed and we deliver on the targets set out in Housing...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Policy (18 Apr 2024)

Peter Burke: My Department and I continue to monitor developments in the business environment, and issues arising. I recognise that firms have faced a number of significant challenges over the last number of years, including Brexit, the COVID -19 pandemic, the Russian war in Ukraine and the associated supply chain shock, the energy cost crisis and rising inflation along with wage demands, and rising...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Policy (18 Apr 2024)

Peter Burke: Enterprise Ireland supports both the start-up sector and established companies to increase sales and exports in global markets, which in turn results in increased employment. Through implementation of Enterprise Ireland’s strategy Leading in a Changing World 2022 – 2024, the agency has an objective to create an additional 45,000 new jobs by 2024, the highest ever level of...

Written Answers — Department of Enterprise, Trade and Employment: Diaspora Issues (18 Apr 2024)

Peter Burke: My Department is working closely with the Department of Foreign Affairs and its Embassy network, as well as other Departments, to implement the Government’s Diaspora Strategy, Global Ireland – Ireland’s Diaspora Strategy 2020-2025, which was launched in late 2020. The effective coordination of the implementation of this strategy across Government will be carried out...

Written Answers — Department of Enterprise, Trade and Employment: Business Supports (18 Apr 2024)

Peter Burke: According to the latest employment figures from the CSO’s Labour Force Survey, published on 22nd February 2024, total employment stood at 2.71 million. There are now more people employed in Ireland than ever before. As per the CSO Statistical Release on Monthly Unemployment from early April, the seasonally adjusted national unemployment rate was 4.3% in March 2024. It is...

Written Answers — Department of Enterprise, Trade and Employment: Job Creation (18 Apr 2024)

Peter Burke: According to the latest employment figures from the CSO’s Labour Force Survey, published on 22nd February 2024, total employment stood at 2.71 million in the fourth quarter of 2023. This represents an increase of 6.1%, or an additional 155,000 jobs, compared to the same period in 2021, when total employment stood at 2.55 million. There are now more people at work in Ireland than ever...

Seanad: Cost of Doing Business: Statements (17 Apr 2024)

Peter Burke: I thank the Acting Chairperson. We were before our time in having to negotiate the first Fianna Fáil-Fine Gael coalition pact in the local chambers back in 2009. That paved the way for the future, indeed. I appreciate the good wishes. I thank everyone for the opportunity to address this very important issue. I fully recognise that businesses are concerned about the rising costs...

Seanad: Cost of Doing Business: Statements (17 Apr 2024)

Peter Burke: I thank the Senator.

Seanad: Cost of Doing Business: Statements (17 Apr 2024)

Peter Burke: I thank all the Members for their interventions on a topic which is very important to our local economies in protecting our SME sector. We all know the economic activity they provide in our communities is very much valued by the Government. That is demonstrated by the policies we have put in place to support them in recent years. First, I will raise the increased cost of doing business...

Written Answers — Department of Enterprise, Trade and Employment: White Papers (17 Apr 2024)

Peter Burke: The White Paper on Enterprise was published in December 2022 and sets out the Government’s approach to enterprise policy for the period to 2030. The vision set out in the White Paper is for Irish-based enterprise to succeed through competitive advantage founded on sustainability, innovation and productivity, delivering rewarding jobs and livelihoods. My Department is responsible for...

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