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04/03/2010
Gov Plan 100,000 Jobs By 2014
The Tánaiste has this morning revealed a Government plan to deliver 100,000 jobs to Ireland by 2014.
In the new plan called 'Horizon 2020' Minister Mary Coughlan launched the Industrial Development Association's (IDA) proposal to attract Foreign Direct Investment (FDI) into Ireland in the coming decade.
Launching the plan Ms Coughlan said the initiative was an integral part of the Government’s Smart Economy policy and that attraction of sustainable foreign direct investment is critical to ensuring Ireland’s economic recovery.
The document listed investment targets for 2010-2014 as 105,000 new jobs,
640 major foreign investments, 50% of investments to be located outside Dublin and Cork, 20% of Greenfield investments originating from high-growth emerging markets by 2014 and annual spend in excess of €1.7bn in research, development and innovation by 2014.
Barry O’Leary IDA Ireland boss, speaking at the launch said: "This strategy document articulates our view of the next decade’s significant future changes.
"IDA recognises that the ambitious goals set out in ‘Horizon 2020’ necessitate a deeper and broader engagement of all stakeholders requiring public and private sector partners working together in new ways to bring this to fruition."
The document says Ireland can win new investments that will create thousands of high-quality jobs across the country.
These investments will come from the development of existing client companies, industries and markets. They will also originate from new types of companies, in new areas and from new markets.
The Taniaste added that the document was a "road-map" of what is needed to fuel Ireland's future success with leading global corporations over the coming decade.
(DW/BMcc)
In the new plan called 'Horizon 2020' Minister Mary Coughlan launched the Industrial Development Association's (IDA) proposal to attract Foreign Direct Investment (FDI) into Ireland in the coming decade.
Launching the plan Ms Coughlan said the initiative was an integral part of the Government’s Smart Economy policy and that attraction of sustainable foreign direct investment is critical to ensuring Ireland’s economic recovery.
The document listed investment targets for 2010-2014 as 105,000 new jobs,
640 major foreign investments, 50% of investments to be located outside Dublin and Cork, 20% of Greenfield investments originating from high-growth emerging markets by 2014 and annual spend in excess of €1.7bn in research, development and innovation by 2014.
Barry O’Leary IDA Ireland boss, speaking at the launch said: "This strategy document articulates our view of the next decade’s significant future changes.
"IDA recognises that the ambitious goals set out in ‘Horizon 2020’ necessitate a deeper and broader engagement of all stakeholders requiring public and private sector partners working together in new ways to bring this to fruition."
The document says Ireland can win new investments that will create thousands of high-quality jobs across the country.
These investments will come from the development of existing client companies, industries and markets. They will also originate from new types of companies, in new areas and from new markets.
The Taniaste added that the document was a "road-map" of what is needed to fuel Ireland's future success with leading global corporations over the coming decade.
(DW/BMcc)
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It has been announced that up to 470 new jobs are to be created in the Republic of Ireland through the expansion of three foreign companies. Following government approval of IDA Ireland's support for two new investments by Symantec Corporation, around 250 new jobs are to be created in the company's Dublin's Blanchardstown facility.
Three companies create 470 jobs in Ireland
It has been announced that up to 470 new jobs are to be created in the Republic of Ireland through the expansion of three foreign companies. Following government approval of IDA Ireland's support for two new investments by Symantec Corporation, around 250 new jobs are to be created in the company's Dublin's Blanchardstown facility.
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Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
Purepipe To Create Six New Jobs
Belfast-based Purepipe is investing £250,000 and creating six new jobs as part of plans to boost sales in Great Britain and the Republic of Ireland. Invest Northern Ireland has offered the company £45,000 towards its expansion which involves investing in new state-of-the-art specialised pipe manufacturing equipment needed to target new business.
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Over 15,000 new jobs were created by IDA Ireland client companies last year. When job losses were taken into account, the net increase in employment was 7,131, one of the highest net levels of job creation in a decade. Total employment at IDA client companies now stands at 174,488 people, the highest level in the history of IDA Ireland.
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Over 15,000 new jobs were created by IDA Ireland client companies last year. When job losses were taken into account, the net increase in employment was 7,131, one of the highest net levels of job creation in a decade. Total employment at IDA client companies now stands at 174,488 people, the highest level in the history of IDA Ireland.
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Electrical Firm Announces 20 New Jobs
Enterprise, Trade and Investment Minister Arlene Foster has announced 20 new jobs at G R White & Son based in Tempo, Co Fermanagh. The award winning electrical contracting company currently employs 35 people, providing a wide range of services.
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