Written answers

Tuesday, 28 March 2006

Department of Enterprise, Trade and Employment

Job Creation

11:00 pm

Photo of Michael NoonanMichael Noonan (Limerick East, Fine Gael)
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Question 271: To ask the Minister for Enterprise, Trade and Employment the number of new jobs granted by the IDA and established in the mid-west region in each year from 2002 to date in 2006; and if he will make a statement on the matter. [11792/06]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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The IDA mid-west region consists of counties Clare, Limerick, north Tipperary and north Kerry. In the period 2002 to 2005 a total of 15 projects were approved for assistance by IDA Ireland. These projects had the potential to create over 1,900 jobs in both new and expanding enterprises. The following tabular statement shows the job figures on an annual basis. However, there is always a time lag, often stretching over many years, between the announcement of new jobs and their creation. That time is required for such activities as locating and acquiring a suitable site for the company's operations, constructing a facility and installing machinery and recruiting and training staff. The numbers eventually created may turn out to be higher or lower than originally envisaged by the investing company as a result of developments in their product markets, general economic conditions, investment decisions and overall corporate strategy.

Also, in the period 2002 to 2005, a total of 1,950 jobs were created in IDA supported companies in the region. The job creation figures can not be directly related to the projects which were approved for grant aid in that period. The following tabular statement shows the number of jobs created in each of those years. IDA Ireland's sectoral emphasis in the mid-west region is on attracting new knowledge intensive projects in information communications and technology, globally traded businesses, medical technologies and life sciences.

Table showing the number of jobs approved for assistance and jobs created in IDA supported companies in the mid-west region in each of the years 2002 to 2005.
Year 2002 2003 2004 2005
No. of potential New jobs approved for assistance 0 860 25 0
No. of potential Expansion jobs approved for assistance 406 25 332 254
Total potential jobs approved for assistance 406 885 357 254
Number of new jobs created (Source: Forfás Annual Employment Survey) 511 227 582 630

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