Dáil Éireann Debate, Tuesday - 16 May 2017
85. Deputy Bernard J. Durkan asked the Minister for Jobs, Enterprise and Innovation the extent to which her Department continues to monitor issues arising from Brexit which may have a positive or negative impact on foreign direct investment and consequent job creation here; and if she will make a statement on the matter. [22985/17]
View answer88. Deputy Thomas P. Broughan asked the Minister for Jobs, Enterprise and Innovation her Department's role in encouraging businesses relocating from Britain to Ireland; if she will report on meetings she is having with the Minister for Housing, Planning, Community and Local Government with regard to possible locations and infrastructure for organisations and businesses being liaised with, with a view to relocating here from the UK; and if she will make a statement on the matter. [22957/17]
View answerI propose to take Questions Nos. 85 and 88 together.
My Department and its Agencies continue to monitor and assess carefully the various issues in connection with Brexit that may impact on foreign direct investment and employment in Ireland. We also regularly engage directly with companies regarding concerns they have surrounding the UK’s withdrawal from the European Union. Our focus remains on taking steps to mitigate the potentially adverse consequences Brexit may have for our economy whilst also ensuring that Ireland is well-placed to capitalise on the opportunities that might emerge.
The IDA is working hard to convert the interest shown to date by potential investors into investments on the ground here in Ireland. This process involves engaging with companies, both at home and abroad, in connection with various issues associated with locating or expanding in Ireland.
Convincing companies to invest here is a delicate process that requires perseverance and patience. This is especially the case with regard to Brexit-related investment on account of the various political considerations at play. I am confident, however, that we will attract more FDI – and with it more jobs – to Ireland.
