Brexit Issues

Dáil Éireann Debate, Thursday - 31 January 2019

Thursday, 31 January 2019

Ceisteanna (46)

Thomas P. Broughan

Ceist:

46. Deputy Thomas P. Broughan asked the Minister for Business, Enterprise and Innovation further to Parliamentary Question No. 509 of 15 January 2019, if she will further expand on the 55 Brexit related investments with over 4,500 associated jobs; the industries the investments relate to; if the associated jobs are to be based here; if so, the regions in which they will be based; the number of new Brexit related jobs in the financial sector; and if she will make a statement on the matter. [4429/19]

Freagraí scríofa

Minister for Business, Enterprise and Innovation

IDA Ireland has reported winning approximately 55 Brexit-related investments with employment potential of more than 4,500 roles over the next two to three years. The financial services sector accounts for 62% of all Brexit related investments to date and 44% of the associated jobs (approximately 2,000 roles). The remaining investments have come mainly from life sciences and engineering (22%) and the broad technology and online/e-commerce sectors (16%).

In terms of regional distribution of projects secured so far, approximately 85% of investments and 70% of potential jobs will be in the south and east of the country. The remaining Brexit-related investment and jobs secured to date will be situated in the border, midlands and western regions.

I understand that recruitment for the Brexit-associated jobs - all of which will be located in Ireland - generated by these investments is already underway by the companies concerned, with many staff having been hired already.