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Enterprise Ireland Investments

Dáil Éireann Debate, Wednesday - 8 June 2016

Wednesday, 8 June 2016

Questions (656)

Peadar Tóibín

Question:

656. Deputy Peadar Tóibín asked the Minister for Jobs, Enterprise and Innovation the targets for Enterprise Ireland client company investment and job creation for each of the next five years in each of the State's regions. [14351/16]

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Written answers

In 2015, EI client companies’ total employment topped 192,223, a record high for the agency. EI client companies, directly and indirectly, are supporting c.400,000 jobs which effectively translates into one in every five of Ireland’s workforce. I will shortly be announcing the outturn for client exports for 2015.

2016 is the final year of its 2014-2016 Strategy “Driving Enterprise, Delivering Jobs” and Enterprise Ireland (EI) is well on the way to creating the key target of 40,000 new jobs over the period.

In 2016, Enterprise Ireland is targeting its clients to deliver 12,000 new jobs, €22bn in exports (from 18.6bn in 2014) and €2.4bn in new exports.

EI’s new Strategy 2017-2020 will be finalised in 2016 and will contain ambitious new targets for supporting startups, exports and jobs across all regions. A consultation process is currently being conducted by Enterprise Ireland including client workshops, focus groups and one-to-one consultations with various stakeholders, including;

- non-EI clients

- Universities and Institutes of Technologies

- Client companies in overseas markets

- EI overseas staff

Further consultation will take place over the coming months to ensure input from as broad a range of interested parties as possible.

Enterprise Ireland will publish its strategy, including targets by the end of this year.

I should also point out that at regional level, the Regional Action Plan for Job’s contain targets for overall job creation in each region is contained in the following table:

Region

Published Regional APJ employment targets by 2020

North East/North West

28,000

Midland

14,000

West

25,000

Dublin

66,000

Mid-East

25,000

Mid-West

23,000

South-East

25,000

South-West

40,000

Total

246,000

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