Thursday, 28 March 2019

Ceisteanna (94)

Michael McGrath

Ceist:

94. Deputy Michael McGrath asked the Minister for Business, Enterprise and Innovation the number of site visits by IDA clients to Dublin, Cork, Limerick, Galway and Waterford in each year since 2012, in tabular form; and if she will make a statement on the matter. [14531/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Business)

IDA Ireland hosted 607 site visits in 2018, with over 55% of these visits taking place in regional locations. The IDA always does everything it can - whether through site visits or in direct engagement with potential clients - to encourage overseas firms to locate or expand in regional areas. It is important to remember, however, that the final decision as to where to invest rests solely with the company concerned. It is also the case that site visit activity does not necessarily reflect investment potential, as a significant proportion of all new foreign direct investment (FDI) comes from existing IDA clients already present in the country.

That said, I want to emphasise that creating jobs in the regions remains a top priority for both the IDA and my Department. The energy and resources we have invested into regional growth is, as the evidence illustrates, producing results. In 2018, for example, the IDA delivered 113 regional investments with 56% of net new jobs created outside Dublin. The last four years have seen 44,500 new FDI jobs created outside the capital. We will continue to do our utmost to encourage further such job growth across all parts of Ireland in the time ahead.

The table below outlines the number of IDA site visits to Counties Dublin, Cork, Limerick, Galway and Waterford in each year since 2012.

County

2012

2013

2014

2015

2016

2017

2018

Total

Cork

38

31

30

48

49

51

61

308

Dublin

196

180

205

242

284

327

269

1703

Galway

18

15

19

41

42

62

54

251

Limerick

30

23

22

40

49

42

35

241

Waterford

26

14

11

31

17

11

21

131