Written answers
Tuesday, 23 November 2010
Department of Enterprise, Trade and Innovation
Industrial Development
9:00 am
Richard Bruton (Dublin North Central, Fine Gael)
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Question 357: To ask the Minister for Enterprise, Trade and Innovation the targets he has set for the trade performance of the indigenous sector; and if he will make a statement on the matter. [44004/10]
Batt O'Keeffe (Cork North West, Fianna Fail)
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Enterprise Ireland's core strategy is to grow exports by driving innovation and scale in established companies and by supporting entrepreneurship and the establishment of high potential start-ups by domestic and overseas entrepreneurs. Enterprise Ireland's strategy, Transforming Irish Industry, sets out the following targets for exports in the 2008-2010 period:
· New export sales of €4 billion
· Increase the number of clients achieving annual global sales of €5 million to 635
· Increase the number of clients achieving annual global sales of €20 million to 225
In September, the Taoiseach launched the five-year integrated Government plan for trade, tourism and investment aimed at generating 300,000 jobs. The new plan, "Trading and Investing in a Smart Economy", is the first integrated strategy to promote overseas trade, tourism and investment. Amongst other targets, the plan aims to create over 150,000 direct new jobs in manufacturing, tourism and internationally traded services, with another 150,000 spin-off jobs, and to increase the value of Irish exports by indigenous agency-assisted firms by one third.
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