Tuesday, 27 February 2018

Ceisteanna (367)

Seán Fleming

Ceist:

367. Deputy Sean Fleming asked the Minister for Business, Enterprise and Innovation the projects the IDA has in 2018 (details supplied); and if she will make a statement on the matter. [9821/18]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Business)

This Government is committed to increasing regional development in 2018. My Department and its agencies are working towards ambitious targets to ensure that employment and investment are distributed as evenly as possible across the country. This includes County Carlow, which is marketed by the IDA as part of the South-East region. IDA Ireland client companies in the South-East created 1,200 new jobs last year, bringing total employment in overseas companies in the region to 14,785 people.

A key IDA client company in Carlow is MSD. Last year the firm announced the creation of 330 new jobs and an investment of €280m over the next three years at two of its manufacturing sites in Carlow and Cork. As part of this investment the company will create a new state-of-the-art manufacturing facility in Carlow along with 120 new roles. This facility will be the company’s first stand-alone vaccine and biologics facility outside the US. This significant investment in the County will also help the Agency’s efforts to attract even further investment there.

IDA Ireland continues to work with its existing client base to identify new opportunities for expansion in the South-East. In addition, the Agency is itself investing in property solutions to drive the growth of foreign direct investment (FDI) in the region. The IDA’s €150m regional property programme includes the construction of nine new advance facilities around the country, one of which will be located in Carlow. This building is currently at design stage and I am advised by the IDA that it expects to begin construction this year, with the aim of completing the facility by 2019. Once in place, that should also help to bring more FDI to the area.