Written answers
Tuesday, 15 October 2013
Department of Jobs, Enterprise and Innovation
IDA Funding
Derek Keating (Dublin Mid West, Fine Gael)
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105. To ask the Minister for Jobs, Enterprise and Innovation the annual budget for the Industrial Development Agency. [43104/13]
Derek Nolan (Galway West, Labour)
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106. To ask the Minister for Jobs, Enterprise and Innovation the annual budget for the Industrial Development Agency; and if he will make a statement on the matter. [43287/13]
Richard Bruton (Dublin North Central, Fine Gael)
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I propose to take Questions Nos. 105 and 106 together.
The total Exchequer allocation for IDA for the year 2013, as published in Revised Estimates Allocation for 2013 (REV) is €117.447 m. made up of €38.447m. in current monies and €79m in capital monies.
Amid significant economic challenges globally and locally, IDA Ireland achieved a strong FDI performance in recent years In 2012, IDA Ireland won 145 individual investments, with 6,570 net new jobs gains in IDA Ireland client companies across a broad range of sectors, representing the third consecutive year of growth in net employment IDA Ireland's performance in the first 6 months of 2013 has been solid with 70 FDI investments, with potential to create in the region of 7,000 jobs being secured
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