The Irish government has announced the details of a EUR13.6 billion (US$17.7 billion) investment in enterprise, innovation and skills as part of its National Development Plan.
Outlining key aspects of the plan with Prime Minister Bertie Ahern, Minister for Enterprise, Trade and Employment Micheal Martin said that the money will be channeled into creating and sustaining high value jobs, growing Irelands exports through Irish Enterprise and foreign direct investment companies, upskilling workers through the National Skills Strategy, and doubling the funding for the Strategy on Science, Technology and Innovation.
The Minister explained that the investment includes EUR7.7 billion for training and upskilling people, EUR3.3 billion in Enterprise Development and EUR2.7 billion as part of an overall investment of EUR8.3 billion in Science, Technology and Innovation.
Speaking at a news conference in Cork, Minister Martin said: “This overall investment will allow us to transform Ireland and provide ‘a better quality of life for all’. I look forward to driving the delivery of key Enterprise, Trade and Employment commitments in the new NDP so that we can build on the progress made under the last Programme.”
“The presence of the Taoiseach underlines the Government’s commitment to ensuring Ireland remains a location for high quality jobs into the future,” concluded Minister Martin.
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