Page 44 - Our Wexford
P. 44

Business Profile

                    IDA - SOUTH EAST







                    Wexford can look forward      enterprises in Ireland, representing   investments. Central to this is a
                    to a positive business future   almost one in 10 workers in the   strong ambition for employment
                    according to the new IDA South   economy.                   growth throughout all regions over
                    East Region Manager Brendan   The role of the South East Regional   the lifetime of the strategy. We are
                    McDonald.                                                   targeting a minimum increase in
                                                  Manager, to which Brendan
                    Brendan and his team in Ireland   McDonald was appointed in 2017,   investment of 30pc to 40pc for the
                                                                                southeast region.”
                    and overseas are promoting Wexford   is to drive foreign investment into
                    and the southeast region in order to   counties Wexford, Waterford,   Brendan says that the people of the
                    take advantage of the opportunities   Kilkenny, Carlow and Tipperary.  region are central to success. “Our
                    that are arising from Brexit as   Brendan says that the IDA is   high levels of productivity and a
                    well as further improvements in   midway through their current   deep talent base have endowed us
                    infrastructure, close proximity to   strategic plan, ‘Winning Foreign   with major strengths. We have key
                    the capital, direct access to a roll on   Direct Investment 2015–2019’ in   talent available in Wexford and
                    roll off port, a talented workforce   which he says there are some very   across the region who can help to
                    and the unrivalled quality of life on   specific and ambitious goals. “This   provide more value add to company
                    offer in Wexford.                                           headquarters, be they in the US,
                                                  plan has ambitious targets with
                    Brendan says that all of these aspects   goals to deliver 80,000 new jobs,   Europe or elsewhere around the
                                                                                globe. Outside of attracting talent,
                    are absolutely key when it comes to   900 investments, €3 billion R&D   companies also need to know that
                    the decision-making process behind   investments and balanced regional   they can feel part of the community
                    choosing a location for Foreign   growth.”                  when they embed in too; and
                    Direct Investment.
                                                  As well as the significant presence   Wexford very much has the quality
                    IDA Ireland is the country’s   of Irish owned companies in   of life that company executives and
                    Investment Development Agency   Wexford, sectors such as financial   employees desire. I can’t overstate
                    and its main role is to attract and   services, medical, technical, and   how important this is; people don’t
                    sustain FDI since 1969 when the   internationally-traded services   want to commute two hours to
                    Irish state first opened up to the   all feature strongly in the current   Dublin each day; people do want a
                    international market in a significant   Wexford portfolio and hopes are   good role to build their career but
                    way. The relationship between   high that they’ll grow even more.  also excellent quality of life, and
                    Ireland and overseas companies   “Our goals within the 2015-2019   Wexford certainly offers this in
                    has stood the test of time, with the   strategic plan is to win 900 new   spades.”
                    numbers providing compelling   investments for Ireland, this   Wexford is uniquely positioned
      ‘‘     Wexford very much has                 2010-2014 targets. Regional   direct port access located within the
                    evidence; there are over 199,877
                                                  represents a 40pc increase on the
                                                                                just one hour from Dublin with a
                    people employed in foreign-owned
                                                      development is a major
                                                                                county and according to Brendan
                                                       component of our present
                                                                                this infrastructure is key.
                                                         corporate strategy. In
                                                                                “Long-term investments, made by
             the quality of life that
                                                          2015 for the first time,
                                                                                Transport Infrastructure Ireland
                                                            ambitious investment
             company executives and
                                                                                contributing to an environment
                                                               for each region,
                                                                                that enables IDA Ireland to drive
             employees desire. People do                     targets have been set   and Wexford County Council, are
                                                                 with a strong
                                                                                growth. Some very important pieces
                                                                  focus on
             want a good role to build their                        securing an   that are coming down the track are
                                                                                the M11 extension from Gorey just
                                                                     increased
             career but also have an excellent                         share of   south of Enniscorthy along with
                                                                                thenew N25 New Ross bypass.
                                            ’’
             quality of life and Wexford certainly                              These are key infrastructural pieces
                                                                                from an access perspective, because
             offers this in spades.                                             the easier you can make it for people
                                                                                to travel, the easier they can see
                     Brendan McDonald, Regional Manager, IDA South East Region  that they are connected, not only
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