Written answers
Tuesday, 17 January 2017
Department of Jobs, Enterprise and Innovation
IDA Site Visits
Jackie Cahill (Tipperary, Fianna Fail)
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1651. To ask the Minister for Jobs, Enterprise and Innovation the total number of visits by the IDA with prospective foreign direct investors to the old urban district council area of Tipperary Town, County Tipperary, each year from 2010 to 2016, in tabular form; and if she will make a statement on the matter. [1144/17]
Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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IDA Ireland maintains statistics in relation to site visits by potential investors on a quarterly basis. The latest data available covers the first three quarters of 2016 only. Since 2010 to the end of quarter 3 in 2016 there were a total of 34 IDA Ireland sponsored site visits by potential investors to County Tipperary. It is expected that data on site visits for quarter 4 2016 will be available early next month. The attached table sets out the breakdown of IDA Ireland sponsored site visits to County Tipperary for each year from 2010 to quarter 3 2016.
It is important to note that data on site visits is not necessarily an accurate measure of the level of foreign direct investment (FDI) activity in a region or county, partly because approximately 70% of all FDI won by IDA Ireland comes from its existing client base, rather than new companies. The true level of FDI in Ireland is better gauged by reference to the IDA’s record 2016 results. The Agency’s client companies created just under 19,000 (18,627) jobs on the ground during the year across a range of sectors, with every region of Ireland posting net gains in jobs.
The following table sets out the breakdown of IDA Ireland sponsored site visits to Co. Tipperary for each year from 2010 to quarter 3 2016.
- | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 (end Q3) |
---|---|---|---|---|---|---|---|
Tipperary | 1 | 1 | 5 | 4 | 3 | 12 | 8 |
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