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Job Creation

Dáil Éireann Debate, Tuesday - 22 September 2020

Tuesday, 22 September 2020

Questions (244)

Richard Boyd Barrett

Question:

244. Deputy Richard Boyd Barrett asked the Minister for Finance the most up to date figures for the number of jobs created by the Irish Strategic Investment Fund in its commercial partnerships; and the locations in which the jobs were created by companies obtaining such investment. [25246/20]

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Written answers

I am informed by the National Treasury Management Agency, which manages the Ireland Strategic Investment Fund (ISIF), that this information can be obtained on the ISIF website at the following link: https://isif.ie/uploads/publications/ISIF-H1-2020-Update.pdf

The data in the report reflects detailed survey data for Financial Year 2019. Given the quantum of surveys of underlying investees and underlying investees of indirect investments and the comprehensive analysis completed, finalisation and publication of this economic impact data lags 6 months behind and so the H1 2020 update presents the most recent data available.

As the Deputy will see on page 8 of the report, at year end 2019, jobs supported by ISIF capital amounted to 38,967. Further detail on the geographic split is outlined on page 9, where it shows that Dublin accounted for 46% of these jobs, Leinster, excluding Dublin, 25%, Munster 20%, Connacht 5% and Ulster 4%. This is broadly in line with the latest available data on the Central Statistics Office regional split of Gross Value Added, where Dublin accounted for 45%, Leinster 19%, Munster 24%, Connacht 7% and Ulster 5%.

Question No. 245 answered with Question No. 235.
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