17 Jul 2012, 10:13
IDA chief executive Barry O’Leary will brief the Oireachtas Committee on Jobs, Enterprise and Innovation on its jobs and investment strategy and update Members on Foreign Direct Investment and regional focus at its meeting today, 17th July.
Committee Chairman, Damien English TD, said: “IDA Ireland recently recorded its best job figures in 10 years when it announced it had created 6,000 net jobs after job losses were subtracted from 13,000 positions created in total last year. There are now 146,000 people working in IDA-backed companies which are providing a boost to the economy.
Therefore it is an opportune time for the Committee to meet with IDA chief executive Barry O’Leary and we are looking forward to getting an update on Foreign Direct Investment in Ireland and reviewing progress over the past year. It will also provide us with an opportunity to consider the IDA’s jobs and investment strategy and receive an update on regional visits.
We will also have an opportunity to discuss the pipeline for new investment and question IDA Ireland on where it will see investments of scale in the coming months.
It also provides a chance to discuss how the global competitive landscape is impacting on FDI and the obstacles we face in attracting foreign companies to establish or expand operations here. We will also consider the conditions and policies that are required in terms of education, regulation, information, finance, tax and infrastructure to promote and encourage inward investment.”
This meeting will take place in Committee 2, Leinster House, at 1.30pm on Tuesday, 17th July, 2012.
For further information please contact:
Ciaran Brennan,
Houses of the Oireachtas,
Communications Unit,
Leinster House,
Dublin 2
P: +3531 618 3903
M: 086-0496518
F: +3531 618 4551
Committee on Jobs, Social Protection and Education
Membership
Damien English, TD (Chairman)
Ray Butler, TD
Áine Collins, TD
Joan Collins, TD
Michael Conaghan, TD
Barry Cowen, TD
Seán Crowe, TD
Tom Fleming, TD
Brendan Griffin, TD
John Halligan, TD
Seán Kyne, TD
Anthony Lawlor, TD
John Lyons, TD
Nicky McFadden, TD
Mary Mitchell O’Connor, TD
Aodhán Ó Ríordáin, TD
Aengus Ó Snodaigh, TD
Willie O’Dea, TD
Brendan Ryan, TD
Brendan Smith, TD
Peadar Tóibín, TD
Senators
Deirdre Clune,
John Kelly,
Michael Mullins,
Marie Louise O’Donnell,
Averil Power,
Feargal Quinn