Congratulations to the Tidy Towns awards winners in the constituency

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I was delighted to see the hard work of Tidy Towns committees in the constituency rewarded at the highest level this week.

In the overall competition, Dalkey won a gold medal, Shankill a silver and Cabinteely a bronze. In the county by county competition Dalkey were highly commended, beaten only by the national overall winners Skerries, and Shankill were commended. The Dalkey (Goat) Castle project won a heritage award.

Congratulations to everyone who has played their part in these successes and also to tidy towns volunteers in Foxrock and Dun Laoghaire who have worked so hard for their areas.

Full results of the tidy towns competition can be found on www.tidytowns.ie

SMT creates 50 new jobs for Galway in new European Headquarters

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Sahajanand Medical Technologies (SMT) is to establish its European headquarters which will have a state-of-the-art Research, Development and Innovation Centre in Galway, creating 50 jobs over five years.

Welcoming the new SMT project, Minister for Jobs, Enterprise & Innovation, Mary Mitchell O Connor TD said: “I am delighted by the new initiative and warmly welcome the investment being made by SMT, with the creation of 50 new jobs in Galway.  It will build on our existing expertise in the Medical Devices sector.  This new headquarters is very welcome in a regional location in Galway, and this dovetails with the Government’s commitment to the provision of quality jobs in locations away from the main cities, driven by our successful Regional Action Plan for Jobs process”.

The project is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland.

SMT is largest developer and manufacturer of minimally invasive coronary stent systems in India and supplies to around 60 countries in Europe, Asia, MENA and Latin America.

SMT has received numerous awards for its breakthrough innovations and quality that have led to more thinner and flexible DES with good long term clinical results.

Speaking at the announcement, SMT’s Western European Head, Mr. Gaurav Goel said: “We were pioneers among Indian medical device companies to identify tremendous value in investing in research & development (R&D). Our core strength lies in our ability to excel in developing technologically complex products through focused teams. With this centre, we hope to tap into the excellent talent pool available in Galway to make further enhancements in existing products and to develop new and innovative products.”

IDA Ireland’s CEO Martin Shanahan said: “I am delighted to welcome SMT to Galway. This is an important win for the West Region in line with our strategy to promote investment in regional locations. It will act as a valuable reference seller for us in attracting other companies in the Medical Technologies sector to the region. I wish Gaurav and his team in Galway every success.”

For information on the new roles go to: http://www.hero.ie/smtjobsjobs

Woods Group establishes data analytics centre of excellence in Galway

jobs

Wood Group has established a new data analytics centre of excellence at its office in Galway, Ireland. The centre, which is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland, broadens Wood Group’s capabilities in advanced data analytics to support the oil & gas, industrial, utility and power generation sectors.

In warmly welcoming the Wood Group announcement, Minister Mary Mitchell O Connor TD said: “This company is at the cutting edge of providing services for the oil and gas and power generation industries and will create further high skilled jobs in Galway. It is very gratifying that they are based in a regional location, and their expansion here dovetails with the Government’s Regional Action Plan for Jobs process.”

Enhancing Wood Group’s digital solutions capabilities, a key focus of the centre will be the innovative application to the energy industry, of data analytics technologies developed and deployed across other industries. Wood Group is looking to grow the data analytics team to ten people by year end with the intention of developing further employment opportunities next year.

Bob MacDonald, Wood Group’s CEO Specialist Technical Solutions said: “Wood Group’s commitment is to providing innovative technical solutions that solve our client’s challenges. We recognise the power of data analytics to enable our energy industry clients to optimize their exploration and drilling activities, enhance efficiencies and maximize the productivity of their assets.

“This new centre, made possible through the support of the IDA, greatly enhances our specialist technical capabilities, enabling us to handle large quantities of data effectively and embrace and explore new innovations and technologies for the oil & gas, industrial, utility and power sectors. This broadening of our capability in data analytics, married with our strong expertise and heritage in engineering will create exciting new opportunities for efficiencies that will directly benefit our clients.”

Minister of State for Gaeltacht Affairs & Natural Resources, Sean Kyne TD, who attended the announcement, said: “The decision by Wood Group to establish a new centre of excellence in data analytics in Galway is a very welcome and positive sign of growth in this sector in Galway. This investment complements our aims, contained in the Action Plan for Jobs for the West, of fostering innovation and of building sectoral clusters. The establishment of a Data Analytics Centre of Excellence by Wood Group in Galway will help make the West of Ireland a global leader in this emerging sector.”

IDA’s CEO Martin Shanahan said: “This is a welcome development from this well established company, taking it in a new direction to position it for further growth in the future in the area of data analytics to support these specialized sectors. This move by the Wood Group demonstrates its commitment to its Galway site.  It is also an endorsement of the region, showing it to be eminently suitable as a location for this type of activity.”

Becton, Dickinson and Company invests €36,000,000 in Drogheda

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BD (Becton, Dickinson and Company), a leading global medical technology company announced a €36 million ($40 million) investment in new equipment to expand its production of BD PosiFlush™ syringes and create up to 20 additional jobs in Drogheda.

Welcoming the investment, Minister Mary Mitchell O’Connor said ‘ I am delighted to be here in Drogheda this morning for this exciting announcement. Becton Dickinson have provided employment in this town for over 50 years and the new investment and additional jobs are a great boost.

‘This project builds on Ireland’s expertise in medical devices and I am very pleased to see the benefits for a regional location, which follows our recently launched Action Plan for Jobs for this region.’

The company is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

BD produces BD PosiFlush syringes and safety components for insulin injection at its Drogheda facility.

The investment facilitates the installation of two new production lines at the Drogheda plant. The first new manufacturing line has just commenced production and work has commenced on the second line.

Mr Liam Dillon, BD Medical Plant Manager said that the additional and ongoing investment in the Drogheda facility demonstrates the company’s long term commitment to the 130 people working at the plant, the local community and Ireland.
“We are delighted that BD has invested €36 million ($40 million) on two new production lines in Drogheda. This investment will create an additional 20 jobs at the plant.

It will also allow us to expand the production of BD PosiFlush syringes, which are used in hospitals and medical centres throughout the world. Our team here in Drogheda will continue to manufacture high-quality products that contribute to the health and well-being of patients worldwide,” he said.

Commenting on the announcement Martin Shanahan, CEO, IDA Ireland said “This announcement that Becton Dickinson is to create an additional 20 jobs and invest €36m at their Drogheda plant is a significant boost for the local economy of the North East region. This investment demonstrates the company’s long term commitment to Ireland and builds on its 50-year history in Drogheda.”

Becton Dickinson was one of the first medical device companies to locate in Ireland in 1964. It currently employs 130 people at the plant.

BD was the first international company to be funded when it set up in Drogheda on the Donore Road in 1964. Since then thousands of local people have been employed at the facility and billions of syringes and medical devices have been produced.

Minister Mitchell O’Connor opens YapStone international HQ in Drogheda

Leading United States-based Fintech company, YapStone, announced the grand opening of its international headquarters at a new, 16,000 square-foot office in Drogheda, Ireland. Through a partnership with IDA Ireland, its official opening was officiated by Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD, and attended by a roster of esteemed guests, including Lord Mayor of Drogheda, Oliver Tully.

Officiating at the opening ceremony, Minister Mary Mitchell O’Connor said, “This is a very exciting project and I am really pleased that we have attracted this cutting-edge financial services company to a regional location and that it has ambitious plans for its new offices in Drogheda. Ireland’s strong expertise in the ICT and Financial services sector means that we can provide the requisite skills for companies like Yapstone, so that they are able to service their international activities. This company’s expertise is at the forefront of the exciting world of electronic payments. I would like to wish Peter continued success in attracting great talent here in Drogheda and I am confident that the company will continue to grow here in Ireland.”

Having significant U.S. and international growth in the past three years, YapStone is forecasted to process over $15 billion in electronic payments in 2016. The company has approximately 400 full-time employees in the U.S. and Ireland and is setting the stage for continued international expansion.

With the recent executive team addition of payment industry veteran, Peter Rowan, as Vice President of International Operations and Global Customer Support, YapStone’s Drogheda, Ireland office will serve as its International Headquarters, with a full-service offering, including engineering, product, sales, customer service, and risk operations, as well as site security and reliability. In the next year, the company forecasts 40-50 new hires in the Drogheda office.

“We selected Drogheda as home to our International Headquarters because of the tremendous support we’ve received from IDA Ireland and of course, the incredible talent pool in this country,” says Tom Villante, YapStone’s Chairman, Co-Founder and CEO. “We are proud to partner with IDA Ireland to contribute to the sustained growth of Ireland’s local and regional economy and look forward to our continued success.”

John Nugent, Regional Development Manager of IDA Ireland added, “YapStone has ambitious plans to grow its international presence and Drogheda is central to this growth strategy. YapStone continues to hire great people in the North East region and to add new functions to its international remit here, clearly demonstrating the company’s commitment to Ireland.”

To learn more about YapStone, please visit http://www.YapStone.com.

Minister Mitchell O’Connor welcomes 100 new jobs for Limerick with WP Engine

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WP Engine, a company that powers amazing digital experiences for websites and applications built on the WordPress platform announced the opening of its new Technical Support & Innovation Centre in Limerick today, which is expected to create 100 jobs over three years.

Welcoming the new initiative, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor said “This is a very exciting project and I am really pleased that we have attracted this cutting edge technology company to a regional location and that it is providing 100 quality jobs for Limerick. This follows on from recent jobs announcements which show that there is a momentum growing for jobs in regions around Ireland. Ireland’s growing expertise in the ICT sector and our commitment to ensuring that we can provide the requisite skills for companies like WP Engine is clear for all to see. I wish WP Engine the very best for their future in Limerick”.

WP Engine is the leader in delivering managed services for premium websites built on WordPress. Today, approximately 5% of the online world visits a website powered by WP Engine every day. Globally, over 350,000 digital brands trust WP Engine with their online reputation across 136 countries and counting. Since the launch of its London office in 2015, WP Engine’s customer base has more than doubled. The opening of the Limerick centre will further support the surging demand for managed WordPress across EMEA.

The company offers award-winning 24/7 support 365 days a year – a key factor in providing the best customer experience possible and building its reputation as the platform upon which the world’s best brands can rely. The expansion in Limerick, the first customer service hub outside the U.S., will allow WP Engine to continue to hire the best customer experience representatives regardless of geography. Further, drawing on the highly skilled technical talent in Ireland’s third largest metropolitan area, the new centre will also expand what is already the industry’s largest R&D organization with a dedicated team based in Limerick, working together with the team in the U.S. to accelerate development of WP Engine’s state-of-the-art managed WordPress platform.

IDA Ireland’s CEO Martin Shanahan said: “This is a terrific investment by this high growth technology company in a key regional location. Its presence here will serve as a compelling reference seller of the location for other technology companies. The benefit of 100 new jobs to the local area and economy will be substantial. I wish WP Engine every success here.”

With customers ranging from individuals and startups to multinational corporations such as AMD, Network Rail, New Relic, Soundcloud, UnderArmour and Warby Parker, WP Engine offers a subscription-based service for WordPress users, providing them with a range of managed services, including security, cloud hosting, developer tools, disaster recovery and internationally award-winning support.

“WP Engine is focused on building the best managed WordPress platform in the world and we’re incredibly proud to be opening our new Technical Support and Innovation Centre in Ireland, “ said Heather Brunner, CEO of WP Engine. “As a company we aim to be present in cities that are successful in terms of job creation and attracting businesses – as represented by our offices in Austin, San Antonio, San Francisco, and more recently London. Limerick, similarly, has a terrific environment and culture where the community, government and business leaders are committed to building local talent and creating a technology innovation and incubation centre. We wanted to help further build and be a part of that ecosystem.”

For more information on the new roles go to: https://wpengine-careers.com/office-location/limerick/

ABOUT WP ENGINE
WP Engine powers amazing digital experiences for websites and applications built on WordPress. The company’s premium managed hosting platform provides the performance, reliability and security required by the biggest brands in the world, while remaining affordable and intuitive for smaller businesses and individuals. Companies of all sizes rely on WP Engine’s award-winning customer service team to quickly solve technical problems, and create a world-class customer experience. Founded in 2010, WP Engine is headquartered in Austin, Texas and has offices in San Francisco, California, San Antonio, Texas, London, England and Limerick, Ireland.

Minister Mitchell O’Connor opens Alter Pharma offices and announces 80 new jobs in Balbriggan, Co Dublin

Alter Pharma today officially inaugurated its new 48,000 sq. ft. Headquarters for its worldwide operations in Balbriggan, Co Dublin. The company also announced its plans to add 80 new jobs bringing total employment onsite to 120 by 2018. Alter Pharma CEO Pieter Van Rompay was joined by Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor, and staff from its sister site in Belgium to officiate at the opening ceremony.

Founded in 2010, Alter Pharma has 5 companies based in Ireland including Generic Specialty Pharma (GSP) Ltd, Generic Pharma International Ltd, Steac Pharmaceuticals Ltd, Beta Active PI Pharma Ltd and Novalus Healthcare Ltd.

Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor T.D said “The pharma industry makes a huge contribution to the Irish economy in terms of jobs and manufacturing exports, and is one of the fastest growing sectors. I welcome Alter Pharma’s continued commitment to Ireland and its decision to base its HQ here is great news for both Balbriggan and Ireland. This is a continued testament to Ireland’s skilled workforce and I’m delighted that this investment will bring a further 80 jobs to Ireland.”

CEO Pieter Van Rompay said “Opening our new €5 million euro facility underlines our commitment to Ireland and will allow for our rapid expansion plans. We look forward to continuing to grow our excellent team here to complement our product portfolio.”

Mr Van Rompay also acknowledged the in-depth assistance provided by the IDA in the initial set up in Ireland and the identification of an appropriate facility to purchase and develop.

Welcoming the announcement Martin Shanahan, CEO IDA Ireland said “Alter Pharma develops and manufactures generic pharmaceutical drugs in a range of important disease areas such as oncology, cardiology and central nervous system disorders. Ireland continues to attract large scale investment in pharmaceuticals with generic pharmaceuticals contributing significantly to overall employment figures within the sector. This positive news from Alter Pharma serves to further build expertise and strengthen Ireland’s position within this competitive market.”

Alter Pharma is currently recruiting a number of positions, in all areas including, Research and Development, Regulatory, Supply Chain, Warehouse, Quality.

About Alter Pharma
Founded in 2010, Alter Pharma is a fast growing pharmaceutical group, specialised in the development, marketing, sales and supply of pharmaceuticals with a special focus on niche, well-established molecules and products difficult to develop or to manufacture. Alter Pharma strive to become one of the worlds most recognised developers of well-established pharmaceutical products.

Alter Pharma’s Irish subsidiaries, based in Balbriggan with a head count of more than 40 people, are managing Research and Development, Regulatory, Supply as well as Quality for the group on a global level.
Alter Pharma has an entrepreneurial culture, fostering open communication, mutual respect, professionalism and efficient decision making and is proud of its multi-cultural organisation with more than 15 nationalities.

Minister Mitchell O’Connor urges young entrepreneurs to apply for Ireland’s Best Young Entrepreneur (IBYE) award

 

Ireland’s Best Young Entrepreneur (IBYE) is an initiative of the Department of Jobs, Enterprise and Innovation and Enterprise Ireland, and is run by the 31 LEOs across the country. Each LEO has an investment fund of up to €50,000 to award to young entrepreneurs across three categories locally – Best Business Idea, Best Start-Up Business and Best Established Business.

Meeting Minister Mitchell O’Connor were four previous IBYE award winners with dynamic businesses from the worlds of technology, food, waste management and retail: James Keogh (Wicklow) from Rathwood Home & Garden World Ltd.; Isolde Johnson (Dublin City) from The Cool Bean Company; Niall Mimnagh (Longford) from Mimergy; and Rhona Togher (Sligo) from Restored Hearing Ltd. They have all won IBYE awards over the last two years to include investment funding, business bootcamp places and one-to-one mentoring sessions. As well as the financial elements of IBYE, they stressed the importance of learning from each other at the IBYE bootcamps, and the invaluable advice and assistance at the one-to-one mentoring sessions.

They were also joined by representatives of Enterprise Ireland and the Local Enterprise Offices (LEOs). Their message to aspiring young entrepreneurs between the ages of 18 and 35 is to grasp the opportunity and get their applications into www.ibye.ie by the 14th October deadline

Speaking with the previous winners, Minister Mitchell O’Connor said: “It is so refreshing to hear the success stories from these inspiring and ambitious young entrepreneurs. I fully support Ireland’s Best Young Entrepreneur initiative, the aim of which, is to support a culture of entrepreneurship among young people at both national and local levels. I want to promote entrepreneurship as a career choice, and to encourage young people to set up new businesses which will ultimately create and sustain more jobs right across the country. It is great to hear the success stories from the previous winners and witness the spirit and desire to achieve success. I have no doubt that their message will encourage more young people to enter the competition to find Ireland’s Best Young Entrepreneur for the third year in a row. This competition offers funding investment and mentoring to young businesses and I would encourage young people with a business or business idea to apply by checking out www.ibye.ie before 14th October.”

Sheelagh Daly of the Local Enterprise Offices said: “The €50,000 per county investment fund on offer from each of the 31 Local Enterprise Offices is a major part of the competition, with up to six local businesses winning significant investment prizes in every local authority area. In addition, up to 450 young entrepreneurs from around the country will also win places at regional Business Bootcamps, with access to expert guidance and mentoring for their business ideas and new ventures.”

Further information and details about the IBYE competition are available from the 31 Local Enterprise Offices nationwide, through www.localenterprise.ie and from the IBYE website at www.ibye.ie

Profiles of former IBYE County and National Winners

James Keogh, age 30, of Rathwood in Wicklow (Winner of 2015 IBYE Best Established Business National Category)
James took over the running of Rathwood from his parents in 2009. Employing 77 people full-time with 160 part-time and seasonal staff, Rathwood has become a ‘destination’ store, restaurant and activity provider located on the Wicklow/Carlow border. Famous for its themed events, such as the Santa Train, Rathwood welcomes 300,000 visitors every year.

Rhona Togher, age 25, of Restored Hearing in Sligo (2014 IBYE National Finalist and ‘Best Established Business’ winner at the 2014 North West Regional Final.)
Rhona is the CEO of Restored Hearing, a business that has created two products to address the global health issue of noise-damaged hearing. ‘Sound Relief’ is an online sound therapy for those suffering from tinnitus and ‘Sound Bounce’ is a responsive acoustic material, which acts as a hearing protection product.

Niall Mimnagh, age 28, of Mimery in Longford (2015 IBYE National Finalist and ‘Best Start-Up Business’ winner at the 2015 North West Regional Final)
Niall set up Mimergy, a waste management company, in late 2014 with eight years of experience in the oil and gas industry. Its mission is to tackle the global problem of waste tyres and its technology converts old tyres and other rubber products into valuable commodities, such as fuels and chemicals.
Isolde Johnson, age 29, of The Cool Bean Company in Dublin City (2015 IBYE National Finalist and ‘Best Start-Up Business’ winner at the 2015 Dublin Regional Final)

Isolde co-founded The Cool Bean Company, a new consumer food brand, in 2013. The range of healthy bean meal solutions is on sale in supermarkets throughout Ireland and was launched in over 100 stores in the UK in 2015. Isolde’s next venture is Cool Foods, focusing on new healthy and convenient foods for national and international markets.

About IBYE
Ireland’s Best Young Entrepreneur is a programme that is open to people between the ages of 18 (at date of application) and 35 (at 31st December 2016) with an innovative business idea, including:

• individuals
• venture teams
• partnerships
• existing businesses with a new idea
• people overseas (including Irish emigrants) who will headquarter in Ireland

Each Local Enterprise Office (LEO) is running a competition in each county (Friday October 14th closing date) aimed at finding winners in each of the three categories as well as an overall county winner. Each LEO will have a total fund of up to €50,000 to invest in six businesses (three category winners and three runners-up) according to criteria including businesses’ investment needs. The three categories are as follows:

• Best Business Idea (pre-trading) – up to €10,000 investment fund through every LEO (€7,000 for category winner and €3,000 for runner-up, through every LEO)

• Best Start-Up Business (up to 36 months), with up to €20,000 investment fund through every LEO (€15,000 for category winner and €5,000 for runner-up, through every LEO)

• Best Established Business (over 36 months) with up to €20,000 investment fund through every LEO (€15,000 for category winner and €5,000 for runner-up, through every LEO)

The county winners will then proceed to eight regional finals from which 24 contenders (three from each region – one in each category) will be selected to compete for the national title of Ireland’s Best Young Entrepreneur. A further €100,000 investment fund will be available to invest in the winners of the three categories at the national final, one of which will also be named with the prestigious title of Ireland’s Best Young Entrepreneur.

40 new jobs for Waterford with The Packaging Hub

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The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD, and Minister for Training, Skills and Innovation, John Halligan TD, today (Friday, 23 September), officially opened The Packaging Hub’s new packaging manufacturing facility and healthcare logistics centre in Waterford. As a result of the new facility, The Packaging Hub will create 40 jobs in Waterford by 2018. The expansion has been supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland.

Speaking at the official opening, Minister Mary Mitchell O’Connor said: “As Minister for Jobs, my priority is to ensure an environment for jobs growth is developed across the country and in particular in the regions of Ireland. The Packaging Hub’s expansion and growth, and the jobs associated with it, is a welcome boost for the local economy and community in Waterford City and County and it follows on from recent jobs announcements which shows that there is a momentum growing for jobs in regions around Ireland. The Packaging Hub is a great example of the type of company Enterprise Ireland is working with, and I wish them continued success for the future”.

The Packaging Hub is a creative and innovative packaging, supply chain and logistics solution company. Offering end-to-end solutions which allow clients to concentrate on their core activity, The Packaging Hub delivers in-market packaging solutions which include a full suite of packaging design and manufacture, as well as supply chain and JIT logistics services, a combination which is unique to this growing company.

Harrods, Fortnum & Mason, Waterford Crystal, Lily O’Brien’s and Rathborne Candles are among the growing number of global brands working with The Packaging Hub. Their client base also includes general food, drinks, premium spirits and giftware manufacturers.

The introduction of The Packaging Hub’s new healthcare logistics centre in Waterford will facilitate substantial engagement with healthcare companies nationally.

Established in 2010 and incubated under South East BIC, The Packaging Hub has grown from strength to strength over the last six years. With operations across three continents, Directors George Banks, John Hudson and Malcolm Hoyle are committed to growing The Packaging Hub’s manufacturing and logistics facility in Waterford.

Speaking on behalf of the executive team, George Banks said: “This is a very important stage in the development of the business and we appreciate the support of Enterprise Ireland in helping us to reach this level. I would also like to take this opportunity to thank our clients for putting their trust in us and the great team at The Packaging Hub for delivering on that trust time after time”.

Speaking on behalf of Enterprise Ireland, Neil Kerrigan, Manager, Print & Packaging said: “A key role of Enterprise Ireland is to drive and support innovation in Irish companies. Innovation is central to The Packaging Hub’s success in competing and winning global customers. Enterprise Ireland has worked closely with The Packaging Hub since its formation in 2010, and we look forward to continuing to support their growth ambitions as they expand their global footprint, sustaining and creating jobs in Waterford”.

Minister for Jobs, Enterprise and Innovation announces additional financial resources for IDA Ireland in light of British EU referendum result

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The Minister for Jobs, Enterprise and Innovation, Mary Mitchell-O’Connor T.D., announced today that €500,000 is being made available by her Department to the IDA to support the Agency’s global communications in the wake of the British EU referendum result. The Minister indicated that the resources will be used to help the IDA communicate effectively in key target markets about the continued benefits of investing in Ireland.

Speaking about the post British EU-referendum challenges for Ireland, the Minister said: “We are all aware that the result of the British referendum on the UK’s membership of the EU poses a range of challenges for the Government. Addressing those challenges – particularly those that may affect our economy – will be a key priority of mine in the time ahead. We should be equally determined, however, that we do not overlook whatever opportunities may emerge for Ireland on account of the referendum result. Securing new foreign direct investment (FDI) for the country is one such possibility and IDA Ireland is already working hard with goal in mind.”

The Minister continued: “It is critical that the IDA has the resources it needs to compete effectively for FDI in the wake of the referendum result. Strengthening its communications capacity – all across the globe – will be especially important if the Agency is to convince potential investors as to why Ireland will remain a highly attractive destination for FDI, whether in the short, medium or long-term. We cannot forget either that the global FDI market is increasingly competitive and that the IDA has to fight hard to win new investments for Ireland.”

Commenting on the allocation of the additional resources, the Minister said:
“I am pleased that my Department was able to identify savings that could be allocated to the IDA for its communications overseas. This support will assist the Agency in implementing its important post referendum communications plan. I am confident as well that the sum involves represents real value for money and that the Agency’s work abroad will help lead to future investments that will create more jobs and opportunities for the people of this country.”