Dublin secured 54% of IDA jobs last year

A breakdown of jobs created last year through foreign direct investment by the Industrial Development Agency (IDA) show little or none were created in a number of unemployment blackspots.

Dublin secured 54% of IDA jobs last year

Last year, the IDA recorded its strongest net job performance in a decade helped by 11,766 jobs created in client companies.

However, the statistics provided by Richard Bruton, minister for jobs, enterprise, and innovation, show that not a single IDA job was created in North Tipperary, while South Tipperary fared little better with only 10 jobs.

Three counties recorded less than five, with one job created in Leitrim, two in Laois, and three in Monaghan.

Dublin continues to dominate, grabbing 6,389 or 54% of the jobs.

Dublin was far ahead of the second-best performing centre, Cork — where 1,979 or 17% of the overall FDI jobs were located.

Galway secured 859 jobs, Limerick 400, and Louth 386.

A spokesman for the IDA said yesterday: “A county- by-county breakdown of job creation trends reveals virtually nothing about how Ireland is performing in attracting FDI.

He said: “IDA doesn’t market individual counties to foreign investors, but sells the attributes of regional gateway locations, hence reliance on county-by- county data alone presents an entirely incomplete picture.

“The opportunity for many locations outside of Dublin and Cork remains with the existing base of multinational companies which IDA works with on an ongoing basis with a view to ensuring their operational sustainability, job retention, and growth.

“In that context, 2012 saw the lowest amount of job losses from IDA’s portfolio in over a decade as existing employers, many of them in regional locations, embedded their operations in Ireland even further.

He added: “With regard to new name business, the final decision on where to locate an investment ultimately resides with the client company, despite IDA efforts and financial support available in some regional locations.”

The IDA figures were provided in a written Dáil response to Fine Gael’s Joe McHugh.

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