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Ireland Strategic Investment Fund Investments

Dáil Éireann Debate, Thursday - 16 July 2015

Thursday, 16 July 2015

Questions (182)

Michael McGrath

Question:

182. Deputy Michael McGrath asked the Minister for Finance the number of projects in which the Ireland Strategic Investment Fund has invested; the number of new jobs created as a result of these projects; and if he will make a statement on the matter. [29812/15]

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Written answers

The Ireland Strategic Investment Fund (ISIF) recently published its first Baseline Economic Impact Report. Key figures show that as at 31 December 2014:

- ISIF had committed €1.4 billion to investments in Ireland, with €726 million already drawn down.

- 79 Irish companies and projects with a combined annual turnover of €472 million benefit from ISIF investment.

- Approximately 8,362 jobs are supported directly and indirectly by ISIF investments.

Further information is available online at:  http://www.ntma.ie/business-areas/ireland-strategic-investment-fund/.

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