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We need to focus on getting a fairer spread of FDI jobs to the regions – Maurice Quinlivan TD

14 March, 2018 - by Maurice Quinlivan TD

Sinn Féin spokesperson for Business, Enterprise and Innovation, Maurice Quinlivan TD, has today called on Minister Heather Humphreys and the IDA to address the massive geographic disparity of IDA backed jobs in Ireland and ensure a fairer spread of FDI to all counties.

Speaking today, the Limerick City TD said:

“After analysing the IDA’s job creation numbers for 2017, it is clear that the geographic disparity of the location of these jobs remains a big problem.

“Laois is home to 119 IDA backed jobs, just 0.05% of the IDA backed portfolio of jobs. Monaghan, the Minister’s home county, is not far behind, hosting just 0.07% of FDI jobs in Ireland. Dublin on the other hand is home to over 40% of all FDI jobs in Ireland.

“When the population of each county is considered, the chances of a person in the regions working for an FDI company become apparent. In 2017 there were 210,443 IDA supported jobs across Ireland, while the population stands at 4,757,976 according to the latest census. This means that on average there is 1 IDA supported job for every 23 citizens in Ireland.

“However, this varies significantly depending on where you live in the country. Dublin, Cork and Galway top the list for most IDA jobs per capita, with 1 job for every 15 people.

“Those living in Monaghan are at the other end of the scale with only 1 job for every 408 people and people in Laois are the most unlikely to work for an IDA backed company, with only FDI 1 job per 712 citizens.

“Meath, despite its close proximity to Dublin, also fares very poorly, with 131 people per FDI job, the third worst rate in the State.

“Figures provided to me in response to a PQ also outline the net gain of jobs in each area. In the capital, 6,393 net jobs were added, but other counties such as Cavan, Kildare, Longford, Meath and Sligo actually recorded net losses in FDI jobs last year.

“I do recognise the valuable work the IDA does in attracting FDI to Ireland. They have been very successful at this over the last few decades and their work is particularly important now in helping our economy to grow.

“However, there is a huge imbalance of FDI jobs in some areas in Ireland. I appreciate that at the end of the day the decision lies with the client company, but new incentives should be examined to encourage companies to locate in counties with fewest FDI jobs, ensuring fair opportunities for all to work with these companies.

“Some areas are bucking the trend in this regard, with Clare hosting 3.2% of all FDI jobs last year, and a ratio of 18:1, showing that it is possible to successfully locate FDI companies in the regions.

“The capital is becoming unaffordable to live in and gridlocked with traffic, so now is the time to refocus on locating more jobs to the regions.

“Minister Humphreys must act on these figures and bring forward new proposals aimed at ensuring a fairer spread of FDI right across Ireland.”

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