IDA creates 1,289 jobs in Donegal
SOME 758 high-skilled
jobs were created in Donegal from 2011 to 2014 as a
result of foreign direct investment by IDA client
companies, Minister Joe McHugh said today. He said a
further 531 indirect positions in the local economy
were also created, bringing to 1,289 the total
number of new jobs brought by the IDA to the county
in the period.
“Donegal has a lot to offer investors and business
owners. We have the skilled workforce and local
services are constantly improving to meet the needs
of those doing business here.
"The news that the IDA has brought 1,289 jobs to the
area is very encouraging, especially considering the
fact that the majority of foreign direct investment
has traditionally been concentrated in the main
population centres of Dublin and Cork," said the
Fine Gael deputy.
He said 37% of IDA investments in 2014 were outside
Dublin and Cork - up from 30% the previous year.
“This year the Action Plan for Jobs will launch the
Regional Development Strategy; a pilot programme
aiming to capitalise on the strengths of each region
with the aim of increasing investment and job
creation in all parts of the country. I am confident
that this strategy will bring further jobs growth to
Donegal in the coming year." He said the latest Live
Register figures show that the unemployment rate
nationally had dropped to 10.7% from a high of 15.1%
in 2012 while in Donegal the unemployment rate had
fallen by 14.8%.
"Thanks to the sacrifices people have made it is now
possible for the Government to cut taxes. Every
household with somebody in full-time work will have
more money in their pockets this month and we’re
committed to reducing personal taxation further this
year," he added.