Written answers
Tuesday, 28 February 2017
Department of Jobs, Enterprise and Innovation
IDA Site Visits
Jan O'Sullivan (Limerick City, Labour)
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794. To ask the Minister for Jobs, Enterprise and Innovation the number of IDA Ireland sponsored visits by potential foreign direct investment clients to County Louth in each of the years 2014 to 2016; and if she will make a statement on the matter. [9842/17]
Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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There were a total of 54 IDA Ireland sponsored site visits to County Louth between 2014 and 2016. The table out the breakdown of these visits by year.
It is important to remember 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. This is partly because approximately 70% of all FDI won by IDA Ireland comes from its existing client base, rather than from new companies. The true level of FDI in Ireland is better gauged by reference to IDA Ireland’s record 2016 results. These show the Agency’s client companies created just under 19,000 (18,627) jobs on the ground during the year, including 453 in County Louth.
Annual number of IDA Ireland sponsored site visits to County Louth, 2014-2016
- | 2014 | 2015 | 2016 |
---|---|---|---|
Louth | 10 | 20 | 24 |
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