Jobs announcement ‘a vote of confidence in Limerick’ – Quinlivan
Speaking today after Northern Trust announced 400 new jobs for Limerick, Limerick City TD Maurice Quinlivan, said that the jobs boost was a vote of confidence in Limerick and highlighted the attractiveness of the City for companies looking for an Irish base.
Speaking from Limerick, Teachta Quinlivan said;
“This is fantastic news for Limerick and its surroundings. This announcement by Northern Trust shows that Limerick is a fantastic city in which to do business and highlights our city and the region’s potential to become a hub for global companies looking for an Irish location.
“This addition of 400 jobs will bring the total workforce in Limerick to 1,500, just 10 years after Northern Trust first set up in the City. This expansion is being supported by the IDA, who continue to do a good job of bringing Foreign Direct Investment to Limerick City.“Limerick is unique in its advantages for multinationals looking for an Irish base; the talent and skills of our people, the proximity to Shannon Airport with US preclearance facilities, the quality our graduates from UL, LIT and MIC are a true testimate to the work in our community.
"We benefit from having substantially lower commercial and residential rental costs than other Irish cities.
“These advantages over other Irish locations are unmatched and we need to make sure we are advertising Limerick as a top business location.
“Further investment in our local infrastructure is needed to ensure we have the facilities and services to compete with other European cities for FDI. Some of the immediate requirements to aid this would be to improve road and rail links between the M20 motorway, to Shannon Airport and Foynes Port, additional investment in University Hospital Limerick, our third level institutes, the building of commercial as well as residential units to meet growing demand.
“The government needs to commit to investing in critical infrastructure and housing. Ireland has lost out on a decade of capital investment, and without substantial investment now, Ireland and Limerick will lose out to other European cities that have better services and infrastructure.”