The legislation which provided for the establishment of ISIF, the NTMA (Amendment) Act 2014, requires ISIF to include an assessment of its impact on economic activity and employment and the distribution of its investments on a regional basis in its reporting.
I can inform the Deputy that the Ireland Strategic Investment Fund (ISIF) recently published an update on the economic impact and details of its investments in 108 Irish companies and projects. The report, which is available on ISIF's website, includes a breakdown of employment for Dublin and also by province and covers the period up to end-December 2015. The companies supported by ISIF's investment activity employ 17,940 people split approximately between 11,782 directly and 6,158 indirectly. Sixty percent of the jobs supported are outside Dublin.
Information on the economic impact of ISIF's investment, including employment, is, with the exception of Dublin, reported on a province basis in order to avoid inadvertently identifying commercially sensitive information of underlying investees.
The following table provides a breakdown of the employment supported by ISIF's investment activities split between Dublin and the four provinces:
Table 1.
Total Employment by Region
|
|
|
Dublin
|
7,202
|
40.1%
|
Leinster ex-Dublin
|
2,991
|
16.7%
|
Connacht
|
1,073
|
6.0%
|
Munster
|
6,211
|
34.6%
|
Ulster
|
463
|
2.6%
|
Total
|
17,940
|
100.0%
|