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Industrial Development

Dáil Éireann Debate, Wednesday - 10 November 2010

Wednesday, 10 November 2010

Questions (235, 236, 237, 238)

John Deasy

Question:

272 Deputy John Deasy asked the Minister for Enterprise, Trade and Innovation the number of Industrial Development Agency site visits to Dungarvan, County Waterford, that have taken place in the past three years and to date in 2010; and if he will make a statement on the matter. [41783/10]

View answer

Written answers

I am informed by the IDA that there have been a total of five first time site visits by potential investors to Dungarvan from the beginning of 2007 to date in 2010. Details of the number of visits by year are set out in the attached tabular statement.

As part of its strategy to attract inward investment, IDA Ireland introduces a prospective client company to 3 or 4 selected locations/towns which can meet the company's requirements for skills, labour, site and/or building(s), infrastructure, etc. In selecting locations to show companies, IDA Ireland seeks to include locations which have been affected by closures/job losses. While IDA Ireland seeks to influence the selection of location, the final decision on where to visit and where to locate is taken in all cases by the promoting company.

Table showing the number of visits to Dungarvan by potential investors in each of the years 2007, 2008, 2009 and to date in 2010

Year

Site Visits to Dungarvan

2007

1

2008

1

2009

1

2010

2

John Deasy

Question:

273 Deputy John Deasy asked the Minister for Enterprise, Trade and Innovation the number of businesses in Dungarvan, County Waterford that have been approved for capital grants by the Industrial Development Agency in each of the past three years and to date in 2010; the amount of funding involved; the number of jobs created by this funding; and if he will make a statement on the matter. [41784/10]

View answer

I am informed by the IDA that in the period 2007 and to date in 2010 no company has been approved in Dungarvan for capital grant assistance. Grants paid in a particular year do not necessarily refer to approvals in the same year as it is up to the individual company when they choose to drawn down the grant. Due to client confidentiality it is not possible to divulge details of grants paid to individual companies but I am happy to say that in the period from 2007 to 2010 Capital Grant payments to IDA supported companies in Waterford City and County amounted to €5,000,000.

The number of jobs created in an individual company resulting from a grant approval is confidential. However, the Forfás Annual Employment Survey reports on job gains and losses in companies that are supported by the industrial development agencies. Data is compiled on an annualized basis and is aggregated at county level. It is therefore not possible to provide information for individual locations throughout the country. The survey shows that in the three-year period, 2007 to 2009 inclusive, there were a total of 1,235 new jobs created in IDA supported companies in Waterford City and County. Details of the number of new jobs created in each of those years are set out in the attached tabular statement. Figures for 2010 are not yet available.

Table showing number of jobs created in Waterford City and County from 2007 to 2009

Year

Number

2007

183

2008

483

2009

569

Total

1,235

John Deasy

Question:

274 Deputy John Deasy asked the Minister for Enterprise, Trade and Innovation the number of businesses in Dungarvan, County Waterford that have been approved for employment grants by the Industrial Development Agency in each of the past three years and to date in 2010; the amount of funding involved; the number of jobs created by this funding; and if he will make a statement on the matter. [41785/10]

View answer

I have been informed by IDA that in the period 2007 to date in 2010 only one company has been approved in Dungarvan for Employment Grant Assistance. Grants paid in a particular year do not necessarily refer to approvals in the same year as it is up to the individual company when they choose to drawn down the grant. Due to client confidentiality it is not possible to divulge details of grants paid to individual companies but I am happy to say that in the period from 2007 to 2010 Employment grant payments to IDA supported companies in Waterford City and County amounted to €801,200.

The number of jobs created in an individual company resulting from a grant approval is confidential. However, the Forfás Annual Employment Survey reports on job gains and losses in companies that are supported by the industrial development agencies. Data is compiled on an annualized basis and is aggregated at county level. It is therefore not possible to provide information for individual locations throughout the country. The survey shows that in the three-year period, 2007 to 2009 inclusive, there were a total of 1,235 new jobs created in IDA supported companies in Waterford City and County. Details of the number of new jobs created in each of those years are set out in the tabular statement. Figures for 2010 are not yet available.

Table showing number of jobs created in Waterford City and County from 2007 to 2009

Year

Number

2007

183

2008

483

2009

569

Total

1,235

John Deasy

Question:

275 Deputy John Deasy asked the Minister for Enterprise, Trade and Innovation the number of businesses in Dungarvan, County Waterford, that have been approved for funding by Enterprise Ireland in each of the past three years and to date in 2010; the amount of funding involved; the number of jobs created by this funding; and if he will make a statement on the matter. [41786/10]

View answer

For reasons of confidentiality, the Enterprise Ireland funding approvals for any county are not broken down by city and county. Approvals and payments to client companies for County Waterford for each of the past 3 years and to date in 2010 are set out in the attached tabular statement.

Job creation data in respect of companies supported by Enterprise Ireland is collated by Forfás on an annual basis and accordingly data is not yet available for 2010. Jobs gains for 2007, 2008 and 2009 in Enterprise Ireland supported companies are set out in the attached tabular statement.

County Waterford approvals and payments to Enterprise Ireland clients

Year

Total Approvals

Total Payments

2007

1,865,355

1,456,467

2008

7,845,001

2,030,768

2009

4,559,792

2,751,976

2010 at end October

1,830,380

4,920,138

Job Gains in Waterford in Enterprise Ireland supported companies

Year

2007

2008

2009

Gains

279

394

436

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