Written answers
Wednesday, 15 April 2015
Department of Jobs, Enterprise and Innovation
IDA Site Visits
Dara Calleary (Mayo, Fianna Fail)
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222. To ask the Minister for Jobs, Enterprise and Innovation the number of site visits by IDA Ireland client or prospective client companies, in tabular form and on a county basis, for the first three months of 2015; and if he will make a statement on the matter. [14540/15]
Richard Bruton (Dublin North Central, Fine Gael)
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I am informed by IDA Ireland that data on site visits for the first 3 months of 2015 is being verified by IDA Ireland at present. It is envisaged that the data will be available by the end of April 2015. I will forward the information to the Deputy as soon as it becomes available. It should be noted that site visits are only one part of a longer negotiation process between IDA Ireland and a client company and it is important to note that data on site visits is not a true measure or does not reflect the level of FDI activity in a Region or County. Depending on the sector, scale and complexity of the investment won by IDA Ireland, there could be a lead in period of up to 3 to 5 years before an investment is fully implemented as approved. The final decision on where to locate an investment does, and always will, ultimately reside with the client company.
In addition, approximately 70% of all FDI investment won by IDA Ireland comes from the existing client base. IDA Ireland has strong relationships with all of its client companies and works closely with them to ensure their long term sustainability and to encourage their growth, development and continuing re-investment in their sites.
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