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Foreign Direct Investment

Dáil Éireann Debate, Wednesday - 17 February 2021

Wednesday, 17 February 2021

Questions (28)

Seán Sherlock

Question:

28. Deputy Sean Sherlock asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of foreign direct investment supported companies that have been set up in County Kerry in each of the years 2016 to 2020, in tabular form. [8595/21]

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Written answers

The South West Region has a dynamic and broad enterprise sector with predominance in Bio Pharmaceuticals, Technology (hardware and services) and Agri-Food, in addition to significant potential in tourism, Medical Technology, International Financial Services and Global Business Services. The South West Region comprises Cork and Kerry. Kerry has 17 IDA client companies employing 2,153 people. The new FDI companies that set up in Kerry between 2016 and 2020 are shown in the table below.

Year

No of New Name Investments in Co Kerry

2016

1

2017

0

2018

1

2019

0

2020

0

IDA Ireland remains strongly committed to winning new FDI to County Kerry reflected in the strong regional focus of IDA’s strategy; continued support to the existing base of IDA client companies in Kerry; IDA’s investment in the construction of an Advance Building Solution (ABS) in Tralee and securing of a client for the building and support to new investments by IDA client companies. IDA Ireland has committed to develop an additional Advance Building Solution in Tralee over the course of its current Strategy covering the period 2021 to 2024.

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