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Fall in Meath FDI jobs last year - Peadar Tóibín TD

24 April, 2018


Sinn Féin TD for Meath West, Peadar Tóibín, has said that the fall in jobs last year in County Meath is reflective of a huge geographic disparity of FDI (Foreign Direct Investment) in Ireland. This is something which the Industrial Development Authority (IDA) has power to change.

Deputy Tóibín said;

“Last year County Meath experienced a net loss of 35 jobs created through FDI. In fact Meath has one of the lowest percentages of FDI jobs per populations in the country. One out of 131 jobs is from FDI, in comparison to the national average of one out of 23.  This is the third worst in the State.

“It is clear that the geographic disparity of the location of these jobs remains a big problem and it is particularly disadvantaging County Meath. We have the dubious honour of having the highest amount of commuters in Ireland, yet have no rail line in many of our major towns to Dublin. People are also increasingly affected by gridlock and delays travelling to work.

“Dublin is home to over 40% of all FDI jobs in Ireland. This is creating untold problems for those living and those commuting to Dublin.

"It is clear that this imbalance needs to be addressed. 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.

“More people commute from Meath than work here. This is far from ideal. The Minister must act on these figures and bring forward new proposals aimed at ensuring a fairer spread of FDI right across Ireland.”

Deputy Tóibín has sought an immediate meeting with Minister Humphreys on this matter.

ENDS//

Note to editor: Regional breakdown on FDI jobs is available in the attachment at the top of this article

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