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Job Creation

Dáil Éireann Debate, Thursday - 11 July 2024

Thursday, 11 July 2024

Ceisteanna (186)

Bernard Durkan

Ceist:

186. Deputy Bernard J. Durkan asked the Minister for Enterprise, Trade and Employment to indicate the number of indigenous jobs created through foreign direct investment in each of the past five years to date in 2024; the future expectations in this regard; and if he will make a statement on the matter. [30837/24]

Amharc ar fhreagra

Freagraí scríofa

The total number of additional jobs created by IDA Ireland client companies from 2019 to 2023 inclusive is 46,950, bringing the total number of jobs in IDA client-companies to 300,583 at end 2023. For this year, IDA Ireland figures show that growth remains strong with IDA Ireland supporting a further 131 investments, 74 of which are planned for regional locations, enabling the future delivery of 8,900 jobs to the economy during the first half of 2024.

Regarding future expectations, Ireland continues to be recognised as a highly stable and attractive location for Foreign Direct Investment. However, Government does not take our success to date for granted, and we remain committed to ensuring the right polices are in place to facilitate the development of appropriate skills, infrastructure, and innovation to facilitate strong levels of FDI into the future.

To this end, my Department will continue its work with IDA Ireland to ensure a continuous flow of inward investment into Ireland as IDA Ireland continues to support a strong level of employment across the FDI sector, delivering competitiveness-enhancing, transformative investments concentrating on RD&I, digitalisation, sustainability and talent development to ensure the FDI pipeline remains robust. This work will be reflected in the IDA Ireland's next strategy to cover the period from 2025 onward. In parallel, Government will work to ensure the policies and strategies set out in the White Paper on Enterprise and in NDP investments under Project 2040 are delivered in support of enterprise development, both for Irish-Owned and FDI enterprises alike.

As requested, the numbers of jobs in IDA client companies over the last five years is provided in the table below.

2019

2020

2021

2022

2023

Change 2019-2023

Permanent Full Time Jobs

232,007

242,284

259,026

281,545

282,024

50,017

Part Time, Temporary Jobs

21,626

20,923

19,816

20,052

18,559

- 3,067

Total Jobs

253,633

263,207

278,842

301,597

300,583

46,950

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