Target of 10,000 jobs for IFSC firms

THE Government is targeting the creation of 10,000 jobs in international financial businesses linked to the International Financial Services Centre (IFSC) over the next five years.

Speaking yesterday at the launch of the Strategy for the International Financial Services Industry in Ireland: 2011-2016 report, which sets out a vision for the future development of the IFSC, Taoiseach Enda Kenny claimed the jobs target is a credible one and is based on expert assessments.

“The opportunities are real, the competitive strengths of Ireland are proven, and the capacity of the public authorities and the industry to cooperate to target growth opportunities is proven by the success of the industry to date,” Mr Kenny said.