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Dáil Éireann Debate, Wednesday - 14 February 2024

Wednesday, 14 February 2024

Questions (114)

Louise O'Reilly

Question:

114. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the number of IDA sponsored companies per county; and the number of jobs in IDA sponsored companies, by county, in tabular form. [6736/24]

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Written answers

IDA Ireland has over 1,800 client companies within its portfolio employing 300,583 as at the end of 2023, with employment levels above 300,000 for the second consecutive year. 248 investments were won in 2023, 83 of which were new name investments.

Balanced regional development remains a priority for IDA Ireland. There were 132 investments secured across regional locations during 2023, representing 53% of all investments. The total number of regional jobs now stands at 163,471. The Midlands Region saw the strongest level of growth, up 5.8%. There was growth in the Border Region (up 2.7%) and Midwest Region (up 2.6%) with the Southwest and Southeast Regions up by 1.2% and 1.4% respectively. Elsewhere, the West Region was down by 1.8% whilst Dublin and the Mid East Region declined by 1.2% and 4.8% respectively.

Employment in FDI companies now accounts for over 11% of the workforce. Additionally, my Department estimates that for every 10 jobs generated by FDI directly, another eight are created in the wider economy. This translates to over 540,000 direct and indirect jobs supported by FDI at the end of 2023, almost 20% of the workforce.

IDA Ireland’s 2023 results reinforce the scale of the contribution of FDI to Ireland and the role that inward investment continues to play in providing jobs and opportunity for people right across the country. While they are reassuring in the context of an increasingly challenging and competitive global environment for enterprise and for FDI, we are not complacent and Government recognises that Ireland must stay agile and ambitious to win investment as we pursue implementation of the policy mix articulated in the White Paper on Enterprise.

As requested, the Deputy, the number of IDA client companies and jobs by county in 2023, is set out in the table below:

County

IDA Clients 2023

Total IDA Supported Jobs 2023

Cavan

9

821

Donegal

22

5,036

Leitrim

4

1,104

Monaghan

6

283

Sligo

31

2,929

Dublin

985

137,112

Kildare

45

11,909

Louth

36

3,674

Meath

16

2,173

Wicklow

21

2,673

Clare

70

5,919

Limerick

71

16,018

Tipperary

17

5,320

Laois

5

155

Longford

7

1,801

Offaly

11

1,385

Westmeath

28

4,582

Carlow

4

1,440

Kilkenny

13

1,037

Waterford

43

9,078

Wexford

26

3,746

Cork

216

49,253

Kerry

17

2,043

Galway

103

24,080

Mayo

16

5,434

Roscommon

9

1,578

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