Dáil Éireann Debate, Tuesday - 2 May 2017
1411. Deputy Catherine Murphy asked the Minister for Jobs, Enterprise and Innovation the specific incentives in place or extra measures available to the IDA to attract foreign direct investment into regional locations other than Dublin; and if she will make a statement on the matter. [19764/17]
Amharc ar fhreagraIDA Ireland is making good progress towards its target of increasing the level of investment in each region by 30% to 40% by 2019. In 2016, 52% of all Agency supported jobs created were based outside of Dublin.
While IDA Ireland does everything in its power to ensure an even spread of investments, it is important to realise that the ultimate decision on location rests solely with the company. There is a global trend to base foreign direct investment around large urban areas. Quite often, companies also want to be located near competitors or clusters of other similar enterprises. As a result, some businesses are only interested in investing in our larger cities.
The Government remains committed to achieving balanced regional development and this ambition is reflected in our eight Regional Action Plans for Jobs (RAPJs). The aim of the RAPJs is to ensure that the unemployment rate of each region is within one percentage point of the State average by 2020. These plans are delivering clear results with an implementation rate of over 90% for each region.
