IBEC: €650m Diageo investment a vote of confidence for Ireland 09/05/2008 - 15:04:54
The Director General of IBEC, Turlough O'Sullivan, today warmly welcomed the €650m capital investment plan announced by Diageo.
Commenting on the announcement, he said: "This investment project represents the biggest single investment in the history of the Irish food and drink sector and is a massive vote of confidence in Ireland as a location for business and in Irish workers.
“Today’s announcement provides an extremely welcome and crucial boost to the Irish export sector. The scale of investment in cutting-edge technology at its brewing campus makes it clear that Diageo sees Ireland as a global export hub.
“Diageo have shown through today’s announcement that they are committed to Ireland. It is a great encouragement for the Irish manufacturing sector and secures the production of Guinness and other products in this country for the future.
“The decision to keep production of Guinness at St James’s Gate shows Diageo’s dedication to inner city Dublin and the exciting plans to redevelop the area," he concluded.
HOME PAGE
ARCHIVES
|