November 28, 2020
Business News

Enterprise Ireland and IDA help create ‘more than 13,000 jobs in Waterford’

Enterprise Ireland and the IDA have helped create 6,853 and 7,139 jobs respectively in local companies in Waterford, according to recently released figures, Fine Gael General Election candidate Cllr John Cummins has said.

“My colleague Minister for Business, Enterprise and Innovation, Heather Humphreys and Enterprise Ireland, the Government agency responsible for developing Irish business globally has reported the creation of 16,971 new jobs by Enterprise Ireland supported companies in 2019 and more people are now employed in companies supported by the agency than at any point in the 20-year history of the agency,” Mr Cummins (pictured below) said.

“Sixty-five percent of total employment by Enterprise Ireland backed companies is now outside of Dublin and as we can see from these figures Waterford has been a great benefactor of this employment growth with a 24% increase in EI client companies from 5537 in 2011 to 6853 in 2019.

“This phenomenal increase since Fine Gael came to power and launched the Action Plan for Jobs is also reflected in IDA supported companies with a 37% increase since 2011. Employment has increased in IDA supported companies in Waterford from 5217 in 2011 to 7139 in 2019.

“Many of these jobs have been created in existing client companies such as Sunlife, Baush & Lomb, Sanofi, Eirgen; with new companies such as West Pharma, Redhat and Nypro also adding significant numbers of jobs.”

 

 

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