Dáil Éireann Debate, Thursday - 3 December 2015
99. Deputy Michael McGrath asked the Minister for Finance the number of projects in which the Ireland Strategic Investment Fund, ISIF, has currently invested; the number of new jobs created as a result of these projects; and if he will make a statement on the matter. [43397/15]
Amharc ar fhreagraThe Ireland Strategic Investment Fund (ISIF) published its first Baseline Economic Impact Report at the end of Q2 2015.
Key figures show that as at 31 December 2014:
- ISIF had committed €1.4 billion to investments in Ireland, with €726 million already drawn down.
- 79 Irish companies and projects with a combined annual turnover of €472 million are benefitting from ISIF investment.
- Approximately 8,362 jobs are supported directly and indirectly by ISIF investments.
At 31 December 2014, the funds ISIF invested in had significant engagement throughout the Irish market - with 3,573 engagements and 99 completed investments since inception.
Further information is available online at: http://www.ntma.ie/business-areas/ireland-strategic-investment-fund/.
The ISIF has advised that it is currently surveying underlying investees and plan to publish updated figures in respect of H1 2015 in the coming weeks.
