IDA hails job creation figures for first half of 2016

IDA hails job creation figures for first half of 2016
Martin Shanahan, IDA chief executive officer

The IDA has said 2016 will at least equal last year's record performance for job creation.

The authority has said results for the first half of the year show that Ireland won 115 projects, compared to 110 between January and June in 2015.

Investments approved so far this year will lead to the creation of 9,100 jobs.

The IDA has said while there is a potential opportunities from Brexit, the outcome of the vote on global investments is so far unknown.

However, they added their staff are engaging with all 1,200 overseas companies supported here.

IDA chief executive officer Martin Shanahan has said the country “continues to outperform and grow market share”.

“The flow of investments won by Ireland in the first half of the year have been very strong considering the global economic and geo-political backdrop, and we are cautiously optimistic that the second half of the year will see a continuation of this trend,” said Shanahan.

“Ireland continues to outperform and grow market share, however with the full impact of Brexit still unknown and economic conditions changing in some key markets, the final 2016 outcome is subject to some risk at this stage and a lack of visibility.”

You can few the figures in full here.

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