IDA Ireland has released its end-of-year report for 2016, and with it, the news that Ireland has just below 200,000 people employed by client overseas companies – the highest level on record.
IDA Ireland announced this morning (3 January) that the exact figure is 199,877 people, employed when 18,627 jobs were created by client companies across 2016 in a range of sectors.
Having completed two years of its five-year strategy, Winning: Foreign Direct Investment 2015-2019, the governmental agency is particularly optimistic about the chances of achieving its 2019 target of 80,000 new jobs and 900 investments.
IDA Ireland has released its end-of-year report for 2016, and with it, the news that Ireland has just below 200,000 people employed by client overseas companies – the highest level on record.
IDA Ireland announced this morning (3 January) that the exact figure is 199,877 people, employed when 18,627 jobs were created by client companies across 2016 in a range of sectors.
Having completed two years of its five-year strategy, Winning: Foreign Direct Investment 2015-2019, the governmental agency is particularly optimistic about the chances of achieving its 2019 target of 80,000 new jobs and 900 investments.
Record number of investments
Also in 2016, IDA companies achieved a record number of investments secured during the year, rising to 244 from 213 in the previous year.
Meanwhile, the number of new-name investments rose from 94 to 99 on the previous year.
Attributing a reason to the net job creation of 11,842 additional roles in Ireland, the IDA said there was a very strong pipeline of new investments, with lower job losses within the employment portfolio.
Dublin remains the epicentre
Over the course of the whole year in Ireland, 20,160 sci-tech jobs were createdacross all companies. Some of the largest within IDA’s clients included Oracle, which announced plans to recruit 450 people in January 2016.
Also, the plan to create 300 jobs at a new First Data R&D hub was seen as a boon to the town of Nenagh, Co Tipperary.
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