Dáil Éireann Debate, Wednesday - 6 May 2015
165. Deputy Michael McGrath asked the Minister for Finance the number of persons working in international financial services in County Cork; if he has considered supporting the development of an international financial services cluster in County Cork; and if he will make a statement on the matter. [17739/15]
View answerThere are no reliable statistics on the specific number of individuals working in the financial services sector in County Cork. However, there is an estimated 12,000 individuals working in financial services related activity outside the greater Dublin area which includes Cork. As the Deputy will be aware, the Government launched its strategy for the development of the financial services sector - IFS 2020 - in March of this year. In terms of employment the aim is to increase the number of net new jobs in the sector by 10,000 at the end date for the current strategy. It is expected that a significant proportion of these jobs will be located across the country outside the greater Dublin region without any clustering in a specific location.
