Written answers

Thursday, 26 January 2012

Department of Enterprise, Trade and Innovation

Departmental Agencies

5:00 pm

Photo of Brendan SmithBrendan Smith (Cavan-Monaghan, Fianna Fail)
Link to this: Individually | In context

Question 105: To ask the Minister for Jobs, Enterprise and Innovation the position regarding the Industrial Development Agency Border regional office in Cavan town; the number of staff that are employed there on a full-time basis; the role of this particular office at present; and if he will make a statement on the matter. [4742/12]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
Link to this: Individually | In context

IDA Ireland is an autonomous Agency set up by statute with a mandate to attract foreign direct investment (FDI) in manufacturing and internationally-traded service industries into Ireland, and to support new and existing FDI operations so as to maximise the related industrial employment, output, exports, economy expenditures including wages, and corporation tax contributions.

The management and location of IDA Ireland's staff is a day to day operational matter for the Agency and not one in which I have a function. IDA Ireland's Head Office is located in Dublin and the Agency has a number of regional offices throughout the country as well as a network of marketing offices globally. IDA Ireland decides where it needs its resources in order that it can meet its strategic goals.

I am informed by IDA Ireland that the Agency continues to retain an office in Cavan, with one full time employee concentrating on client facing activities. The North East Region has one Gateway location at Dundalk and two Hub locations at Cavan and Monaghan, and as such will continue to be a key location of focus for the winning of FDI.

As well as marketing the region for new greenfield investment, IDA Ireland continues to work with existing clients to broaden their mandate in Ireland and to continue to re-invest in their sites within the region. The North East Region has 33 IDA supported companies employing 2,381 people. In Co Cavan there are 6 IDA Ireland supported companies employing 1,016 people while Monaghan has 6 such companies employing 285 people.

I have every confidence in the abilities of IDA Ireland's Board and senior management team to manage the resources available to it so as to enable the Agency to continue to win FDI for this country even in the face of the most difficult economic circumstances in which we find ourselves.

Comments

No comments

Log in or join to post a public comment.