Minister for Jobs, Enterprise & Innovation commits to 135,000 new jobs by 2020

Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, today announced a “commitment for 200,000 new jobs by 2020”, with “135,000 of them to be in rural and regional Ireland.”

The announcement came this morning at the Savoy Hotel on Henry Street as the Minister welcomed the creation of a further 134 jobs for Limerick, this time by American-based company Trusource Labs.

The Austin-based company, who provide enterprise support for Apple devices, opened an International Operations centre in Limerick. The move was supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland.

Speaking at the announcement this morning Minister O’Connor said: “This announcement is a really strong vote of confidence in Limerick, in the Mid-West, and in Ireland.

In September, 694 jobs were announced for this region. In our programme for Government there is a commitment for 200,000 new jobs by 2020 and 135,000 of them are to be in rural and regional Ireland.”

Speaking to the Limerick Voice at the announcement this morning was Mayor of Limerick and Fianna Fáil Councillor Kieran O’Hanlon.

“This is the fifth job announcement [for Limerick] in the space of two months. It means directly 134 jobs will be created over the next three years.

Limerick City and County Council is taking the lead in making sure the future infrastructure needs for foreign direct investment and indigenous companies are being met.”

When asked whether there will be more job announcements for Limerick, Mr O’Hanlon said: “I am confident I will be here again in a few weeks for more job announcements.”

Also in attendance at this morning’s announcement was Finance Minister Michael Noonan who spoke about the importance of foreign investment.

“The increase in activity [within Ireland] from the great state of Texas is due principally to the IDA setting up a Texas office in Austin about eighteen months ago.

Mr. Noonan praised the level of work the IDA were doing on behalf of foreign direct investment in Ireland, calling it “very successful indeed.”

The incumbent Finance Minister also spoke ahead of the budget to be announced tomorrow. “The budget comes in tomorrow and we can pledge that we won’t disadvantage those promoting foreign direct investment in any way. It’s a very competitive business and we intend to stay competitive,” he said.

Foreign direct investment is a key contributor to Ireland’s economic development with more than one in five private sector jobs being created as a direct result. The number of new investments in Ireland has increased by eight percent.

Praised highly was the wealth of education and exceedingly skilled graduates the city of Limerick is producing, thanks to the investment in education.

Speaking about the hard work of third level institutions in the city, Minister for Employment and Small Business Mr. Pat Breen T.D said: “The education system we have here with LIT, the University of Limerick, and the other institutions are very, very important indeed as a source of job creation.

This investment is a testament to the skilled workforce and the attractiveness of the region.”

In attendance at the event this morning was Fine Gael Senator Maria Byrne, former Minister for Education Jan O’Sullivan, T.D for the Limerick City constituency Maurice Quinlivan, and CEO of Limerick City and County Council, Conn Murray.

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