Dáil Éireann Debate, Tuesday - 17 January 2017
1662. Deputy Fergus O'Dowd asked the Minister for Jobs, Enterprise and Innovation the number of industrial visits organised by IDA Ireland and Enterprise Ireland for the past five years, by location, in counties Louth, Meath, Monaghan and Cavan, and by potential investors; and if she will make a statement on the matter. [1558/17]
View answerIDA Ireland maintains statistics in relation to site visits by potential investors on a quarterly basis. Since 2010 to the end of quarter 3 in 2016 there were a total of 92 IDA sponsored site visits to counties Louth, Meath, Monaghan and Cavan. The table below sets out the breakdown by county of these visits. Data on site visits for quarter 4 2016 will be available shortly.
It is important to remember that the number of site visits to a particular county is not necessarily an accurate measure of the level of foreign direct investment (FDI) activity in the area. That is because approximately 70% of all FDI won by IDA Ireland comes from its existing client base rather than new companies.
As Enterprise Ireland’s core focus is supporting the internationalisation of indigenous companies the Agency does not arrange site visits of a type similar to IDA Ireland.
The table shows a breakdown of the number of IDA Ireland sponsored site visits for 2012 to quarter 3 2016:
|
County |
2012 |
2013 |
2014 |
2015 |
2016 - (end Q3) |
|
Cavan |
3 |
2 |
1 |
0 |
1 |
|
Louth |
12 |
4 |
10 |
20 |
17 |
|
Meath |
0 |
1 |
2 |
7 |
7 |
|
Monaghan |
0 |
1 |
0 |
2 |
2 |
|
Total |
15 |
8 |
13 |
29 |
27 |
