125 new jobs for Dublin Central signals importance of Yes vote on Thursday – Donohoe

29th May, 2012

IDG cites good education, established infrastructure, multi-lingual labour force and appropriate skills mix as reason for locating in Ireland

Fine Gael Dublin Central Deputy, Paschal Donohoe, has this morning (Tuesday) said the creation of 125 new jobs for the constituency by IDG Direct, a division of one of the world’s largest technology media groups, is to be welcomed and highlights the importance of voting Yes on the Stability Treaty Referendum this Thursday to send a loud signal to multinational investors that Ireland remains a good place in which to do business.

“The decision by IDG Connect to establish a new base at Great Strand Street with the creation of 125 new jobs, 60 of which have already been recruited including the Global Head of Business Intelligence, is great news for the area. Ireland continues to be an attractive place for foreign companies when it comes to developing or expanding operations in foreign locations.

“A Yes vote when we go to the polls on Thursday will send a strong message to foreign, and indeed indigenous, companies that Ireland remains a safe bet for investment and that we take our place in Europe, and the stability of the euro, seriously.

“Nobody is suggesting that the Stability Treaty is the answer to all of our ills but it will put sensible budgeting, investor confidence and access to emergency funding, should we need it, front and centre. Since this Government came to office, every effort has been made to create an environment in which jobs can be created and to restore our reputation internationally.

“In the last year we have seen investors responding positively to these efforts with a raft of global giants such as Apple, HP, Paypal and Microsoft all initiating or expanding operations here. In Dublin alone in the last month we have seen job announcements from a range of companies including, 100 roles to be created at Total Defense’s new European Operations Hub, 200 IBM jobs in Mulhuddart, 70 jobs at Smartbox in Dublin, 100 jobs at Amazon, 150 jobs in Citywest by software firm SAP and just yesterday the start-up company Buyersclub.ie announced 40 new jobs at their facility in Blanchardstown.

“Chief Executive Officer of IDG Connect, John P. O’Malley cited Ireland’s high levels of education, good skills mix and multi-lingual abilities of our work force and an established infrastructure as some of the reasons for investing in Ireland. If we are to continue to present ourselves as an attractive location for Foreign Direct Investment companies that can created the jobs we so badly need, it is crucial that we come out in large numbers and vote in favour of the Stability Treaty this Thursday.”