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Job Creation.

Dáil Éireann Debate, Tuesday - 16 May 2006

Tuesday, 16 May 2006

Ceisteanna (224, 225, 226)

Ruairí Quinn

Ceist:

278 Mr. Quinn asked the Minister for Enterprise, Trade and Employment the number of jobs created during each fiscal quarter from quarter one of 2002 to date in 2006; and if he will make a statement on the matter. [18070/06]

Amharc ar fhreagra

Freagraí scríofa

The tabular statement shows employment figures recorded by the Central Statistics Office from the beginning of 2002 to the end of 2005, which is the latest period for which figures are available. The figures show seasonal fluctuations but overall evince steady growth in employment during the period. Because of seasonal fluctuation, it is not appropriate to compare quarter to quarter.

While the strong performance of the economy, despite pressures affecting global markets during the period, is something that we can all be proud of, we must remain proactive in the context of maintaining and developing our competitive advantages. One of my Department's principal tasks is to ensure that Ireland continues to be attractive place to do business. In that regard, we have made significant efforts to maintain and enhance our framework competitive conditions, and to promote new areas of competitive advantage, such as by developing our R&D base. Our priority remains the creation of sustainable employment — driven by companies with higher profitability, that are more technologically advanced and prove a better fit with the competitive characteristics of our economy, and that are consequently less likely to move.

To assist the drive towards competitiveness and increased productivity the enterprise development agencies are working with companies: To provide mentoring and developmental supports, To enhance management capabilities and critical workforce skills, To support the creation and implementation of strategies for market entry, development and growth, To build productivity, and To provide support for innovation and for research and development.

We will also continue to pursue labour market policies to promote lifelong learning and up-skilling to enhance labour market flexibility and, where necessary, ensure that training supports are provided for workers in sectors that are no longer competitive, to help them find alternative employment. Moderation of the rate of growth in operating costs is also necessary to ensure that our costs remain in line with those of other developed economies and that cost increases do not negate or overshadow the competitiveness effect of productivity growth.

All Persons in Employment aged 15 years and over(Thousand)

Qtr1

Qtr2

Qtr3

Qtr4

2002

1,753.5

1,763.9

1,808.4

1,782.3

2003

1,783.6

1,793.4

1,836.4

1,828.9

2004

1,835.9

1,836.2

1,893.6

1,894.1

2005

1,908.3

1,929.2

1,989.8

1,980.6

Source: CSO Databank Direct.

Trevor Sargent

Ceist:

279 Mr. Sargent asked the Minister for Enterprise, Trade and Employment the number of new jobs which have been created at the Information Age Park, Ennis since it was opened in 2005; the number of these jobs which were transferred from existing enterprises at other locations in Ennis; and the number of new jobs which were created by the new enterprises at the IAPE. [18073/06]

Amharc ar fhreagra

Trevor Sargent

Ceist:

280 Mr. Sargent asked the Minister for Enterprise, Trade and Employment if he has satisfied himself regarding the level of job creation at the Information Age Park Ennis and the efforts by State agencies to attract new enterprise to the location. [18074/06]

Amharc ar fhreagra

I propose to take Questions Nos. 279 and 280 together.

Shannon Development's 30-acre Information Age Park in Ennis (IAPE), opened on 9th June 2005, is in the very early stages of a long-term development that will provide a High Potential Start Up base for Ennis and County Clare, and which can also accommodate appropriate Foreign Direct Investment companies brought to Ireland by IDA Ireland. When completed, the new Park has the potential to facilitate the creation of an estimated 3,500 high value jobs in over 700,000 square feet of high quality office accommodation.

Phase I of the project involves an investment of €11 million by Shannon Development, in land infrastructure and the provision of 45,000 square feet of technology incubation, large floor-plate and own door office accommodation in the new Innovation Works facility. An estimated €110 million will be invested between the public and private sectors in the new Park over the next fifteen years. The Park will offer a range of accommodation options that will ensure that the needs of all knowledge-age business (foreign direct investment, mobile Irish investment, and business incubation) are met, irrespective of size or development stage. The inclusion of an InnovationWorks incubation facility by Shannon Development is designed to fast track the development of Irish High Potential Start Up enterprise.

Prior to the opening of IAPE Shannon Development had 12 Irish Industry client companies in the Clare Business Centre. All 12 companies transferred to IAPE when it opened, as the Clare Business Centre was subsequently closed as part of Shannon Development's strategy of building a much more modern business friendly incubation centre. One of the 12 companies subsequently closed. In addition to the transferred companies, three new companies formed since the IAPE opened. The total employment in the client companies that originally transferred to IAPE was 17. The number of new jobs created by those 11 transferred companies and the 3 new companies (since IAPE opened) was 20 bringing the total to 37. Shannon Development is confident that the early growth shown will continue to develop in the future.

To drive this, Shannon Development will continue to attract and help establish High Potential Start Ups in IAPE, through its Venture Development Process. This Process encapsulates the various stages of business development from idea generation, feasibility study stage, project development and market launch, and business expansion and offers an integrated package of business development programmes to achieve this.

At present, the total space let to enterprises is 5,000 sq ft and there is over 8,500 sq ft available for letting in three units of large floor office space suitable for second stage incubation projects.

In addition, Shannon Development is accommodating the Clare County Council, which is renting 20,000 sq ft of office space at the park before it moves to its new Headquarters next year. This is a short-term arrangement, and Shannon Development has held back sufficient space to accommodate any FDI space requirements should the IDA require.

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