Written answers

Wednesday, 22 May 2013

Department of Jobs, Enterprise and Innovation

Job Creation Targets

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)
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28. To ask the Minister for Jobs, Enterprise and Innovation the extent to which job creation through foreign direct investment and/or indigenous sources are in line with or ahead of projections in each of the past three years to date in 2013; if he expects to continue to meet the ambitious targets required in this regard to facilitate economic recovery; and if he will make a statement on the matter. [24385/13]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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2012 was a particularly good year for job creation in Agency-supported companies, with IDA client companies creating a total of 12,722 gross new full time jobs (6,750 net new jobs). The IDA client base in Ireland now employs 152,785 people, a level last recorded before the global financial crisis began in 2008. Meanwhile, clients of Enterprise Ireland (EI) created 12,861 gross new jobs (3,338 net new jobs - the highest net gain for Irish companies since 2006).

IDA Ireland’s concentration on attracting employment intensive services to Ireland is leading to the speedy creation of jobs. A significant proportion of investments in 2012 occurred in the area of services operations, particularly serving the Europe, Middle East and Asia Market. A notable feature of 2012 was the wide range of green field investments coming to Ireland. In total, there were 145 individual investments, of which 66 (over 40%) were from companies coming to Ireland for the first time.IDA Ireland has also completed the third year of its five-year “Horizon 2020” strategy and the latest results put the organisation ahead of target in meeting its goal of creating 62,000 direct jobs by 2014 from 640 new investments. Over the course of the first three years (2010-2012) IDA has secured 419 investments and has delivered gross job gains of over 36,000. IDA will continue to work towards achieving its target of creating a further 12,000 jobs this year as set out in the Action Plan for Jobs 2013.

The increase in terms of net job creation for Enterprise Ireland clients was primarily due to the strong export performance of Enterprise Ireland client companies which exceeded €16bn for the first time. In addition, more than 7,000 new job commitments were made by Enterprise Ireland clients in 2012, exceeding the target of 6,250 for the year. Enterprise Ireland is working with its clients to build on this success in 2013.

The Government is also building on this progress through the Action Plan for Jobs 2013 which includes 333 actions for delivery across all Government Departments and 46 Agencies and Offices. The Plan also includes seven landmark projects, or Disruptive Reforms, that the Government has identified as having potential to impact significantly on job creation. As with 2012, employment retention and creation will continue to be our primary objective in 2013. I am confident that we now have a structure in place that can deliver the type of actions needed to continue supporting the transition underway in our economy.

The number of jobs created and total employment in companies supported by Enterprise Ireland, IDA Ireland and the County and City Enterprise Boards (CEBs) for each year since 2010 is set out in Tables 1 to 3 accompanying this reply.

Table 1 showing total employment and new jobs created in IDA Ireland Client Companies in each of the years from 2010 to 2012

Employment Data201020112012
Total Employment 140,281146,215152,785
New Jobs Created 12,17813,38112,722

Table 2 showing the total employment and new jobs created in Enterprise Ireland Client Companies in each of the years from 2010 to 2012

Employment Data
2010
2011
2012
Total Employment
159,808
166,359
169,451
New Jobs Created
10,987
14,023
12,861

Table 3 showing the total employment and new jobs created in CEB-Supported Companies in each of the years from 2010 to 2012

Employment Data201020112012
Total Employment32,99432,61433,430
New Jobs Created4,5105,3314,858

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