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Lack of IDA visits to Cavan debunks the Government spin on recovery – Reilly

26 January, 2016

Speaking this afternoon, Sinn Féin Senator Kathryn Reilly said it was a disgrace that in the whole of 2015 there was not one single IDA state sponsored visit to Cavan.

Senator Reilly said:

“I have spoken at length on the decimation of rural Ireland and the news that in the whole of 2015 there was not one single IDA state sponsored visit to Cavan further highlights how irrelevant the communities of rural Ireland are to Fine Gael and Labour.

“State sponsored enterprise agencies are failing rural Ireland in many ways, but to not even have a solitary potential investor visit to Cavan last year is not only a complete failure but also a disgrace.

“What is even more infuriating is that Cavan is part of a constituency which has a Government Minister, and up until quite recently had three government TDs.

“Foreign Direct Investment is needed alongside supporting indigenous enterprise and clearly the government is not doing enough.

“Unfortunately, this is not a one off incident, Monaghan only received two IDA visits in 2015, and that came on the back of not receiving any in 2014. Indeed, since 2008, there have been 10 IDA Ireland sponsored site visits to Cavan and only four to Monaghan.

“Counties such as Cavan and Monaghan suffered disproportionately from the economic downturn, with unemployment rates and emigration well above the state wide average. It would appear that the inaction of the enterprise agencies to bring potential investors is exasperating the regional disparities in employment. Such examples can be seen in the closures of plants like BOSE, and with nothing to replace them Cavan and Monaghan are being left even further behind.

“Fine Gael say they want to keep the recovery going but it is clear that in Cavan and Monaghan we are getting more of the same, and that is not translating into positive news for investment.” 

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