Over the last six years there have been eight IDA Ireland-sponsored site visits by potential investors to County Cavan. It is important to remember, however, that site visits do not reflect the totality of efforts made by the Agency to attract foreign direct investment (FDI) to a particular region or county. It is also the case that site visits themselves are not an accurate measure of FDI given that the majority of new FDI secured by the IDA comes from its existing clients rather than new companies.
The wider strategy for increasing employment in the region is the Regional Action Plan for the North East/North West. This plan aims to support the creation of 28,000 new jobs across Donegal, Sligo, Leitrim, Cavan, Monaghan and Louth by 2020. Significant progress has been made to date towards reaching that objective, with 5,600 more people in employment across the region since the start of 2015.
As regards the status of the site in Killygarry, the IDA has advised that the lands are currently available for investment.
Employment Data for County Cavan 2011 - 2016
|
Cavan
|
2011
|
2012
|
2013
|
2014
|
2015
|
2016
|
|
No of Companies
|
7
|
6
|
7
|
7
|
7
|
7
|
|
Total Jobs
|
1,172
|
1,128
|
1,135
|
1,136
|
1,165
|
1,203
|
