Homegrown firms ‘key to recovery’

DEVELOPING a hi-tech manufacturing base including homegrown enterprises is key to economic recovery, a conference of leading chief executives heard yesterday.

The second Lemass International Forum held in the Guinness store room, Dublin, heard stern words from Intel Ireland general manager, Jim O’Hara, who criticised Ireland’s failure to tackle bureaucracy, financial waste and invest adequately in education.

Referring to what he claimed was a staid bureaucracy, Mr O’Hara said there was a need for the “elimination of waste” in order “to get a lot of crap out of the system”.