Written answers

Thursday, 29 November 2007

Department of Enterprise, Trade and Employment

Industrial Development

5:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick East, Fine Gael)
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Question 88: To ask the Minister for Enterprise, Trade and Employment the number of new FDIs opened in the mid-west region since 2002, broken down by year, county, company name, address and number of employees; and if he will make a statement on the matter. [31866/07]

Photo of Kieran O'DonnellKieran O'Donnell (Limerick East, Fine Gael)
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Question 89: To ask the Minister for Enterprise, Trade and Employment the number of visits and on-site inspections of potential locations in the mid-west by FDI companies since 2002, which were arranged by his Department and the State development agencies, broken down by year, county and location address; and if he will make a statement on the matter. [31867/07]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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I propose to take Questions Nos. 88 and 89 together.

For IDA purposes the mid west region consists of the counties Clare, Limerick and North Tipperary excluding the Shannon Free Zone. Since 2002 there have been 7 new IDA supported projects opened in the Mid West region and 6 new FDI projects opened in the Shannon Free Zone. Details of each of those projects and their location is set out in the attached tabular statement. This statement does not include the numbers employed in individual companies as this information is confidential to the companies.

In the same period there have been a total of 170 IDA-led visits by potential investors to the Mid West region and 76 visits to the Shannon Free Zone. Details of these visits are set out in the attached tabular statement. IDA Ireland has statutory responsibility for the attraction of foreign direct investment to the Mid West region, except for the Shannon Free Zone, which falls within the remit of Shannon Development. Both Shannon Development and IDA Ireland work closely within the promotion and marketing of these tailored property solutions. Limerick-Shannon has been designated as the Gateway for the region under the National Spatial Strategy. The Mid West has a strong base of overseas companies which are mainly located in Limerick, (Raheen and the National Technology Park), and the Shannon Free Zone. State supported employment accounts for 17.3% of total employment in the Region as compared to 14.8% nationally.

I am satisfied that the continued co-operation between the agencies, together with the roll out of the National Development Plan, will continue to bear fruit for the Mid West region as a whole.

Table showing the Number of new IDA supported projects opened in the Mid West Region in the period 2002 to 2007.
YearCompanyLocation
2003Taro PharmaceuticalsRoscrea, Nth Tipp
2004Monster CableEnnis, Co. Clare
2005NT-MDT*NTP, Limerick
2006Northern Trust*NTP, Limerick
2007TSA*NTP, Limerick
AR Worldwide*NTP, Limerick
Rovsing*NTP, Limerick
*NTP — National Technology Park Limerick.
Table showing the Number of new FDI projects opened in the Shannon Free Zone in the period 2002 to 2007
Start YearCompany NameAddress
2002Travelsavers IrelandUniversal House, Shannon Free Zone
2005Digital River Irl. Ltd.Westpark Business Campus, Shannon Free Zone
2007White Horse InsuranceB89 Shannon Free Zone West, Shannon
2007Genesis LeaseWestpark Business Campus, Shannon Free Zone
2007PC Tools Ltd.Shannon Business Park, Shannon Free Zone West
2007Tranzeo Wireless Technologies Ltd.Distribution Centre, Shannon Free Zone
Table showing the Number of IDA site visits to the Mid West Region in the period 2002 to 2007
YearLimerickNth. TipperaryClare*Nth Kerry
2002151041
200313172
200418031
200519013
200625072
200732051
*Since mid 2007 North Kerry forms part of the South West Region and is now covered by the Cork IDA Office.
Table showing the number of visits to the Shannon Free Zone in the period 2002 to 2007
20022003200420052006
1924172211

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