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IDA reveals job blackspots due to a lack of FDIs

New figures provided by the IDA show a number of blackspots around the country that are missing out on jobs created through foreign direct investment (FDI).

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

However, the statistics provided by the Minister for Jobs, Enterprise and Innovation Richard Bruton show that not a single IDA job was created in north Tipperary last year – south Tipperary fared little better where only 10 IDA jobs were created.

The figures – provided in a written Dail response to Deputy Joe McHugh (FG) – show that three other counties recorded new IDA jobs of less than five with one IDA job created in Leitrim, two in Laois and three in Monaghan.

The figures show that Dublin continues to dominate, grabbing 6,389 – or 54pc – of the IDA jobs created last year.

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

Galway was the only other centre to record in excess of 500 IDA jobs created with 859 jobs – 400 jobs were created in Limerick followed closely by Louth with 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."

Foreign

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."

Fianna Fail Laois-Offaly TD Sean Fleming last night said that the IDA's record in Laois "is abysmal and disgraceful".

Two jobs were created in IDA companies in Laois last year and Mr Fleming said: "The minister should instruct the IDA to include Portlaoise as one of the priority towns for investment in the Midlands along with Athlone, Tullamore and Mullingar."

Independent TD for Roscommon-South-Leitrim Denis Naughten said last night that "far more needs to be done to make areas like Leitrim attractive to multi-nationals".

One IDA job was created in Leitrim last year and Mr Naughten said: "Not only in terms of IDA marketing the region, but the area's broadband and gas infrastructure needs to be improved to make it more a level playing pitch with the large urban centres."

Mr Naughten said that the IDA's efforts in south Leitrim have been taken up with trying to protect existing jobs at the Bank of America's operation in Carrick on Shannon.

Irish Independent