If we invest today, we will reap the benefits tomorrow – BREEN.

March 4th, 2009 - Pat Breen

Fine Gael’s Deputy Spokesperson on Foreign Affairs and Clare T.D. Pat Breen welcoming the news that Intel are to invest €50m in R&D at their Shannon Facility which could lead to the creation of up to 134 jobs over the next four years said that “it is now very important for the Government to refocus their attention on investing in R&D projects”.
Deputy Breen went on to say that “if we invest today, we will reap the benefits tomorrow” and he is urging the Government to provide the necessary resources to the 3rd Level Institutions in this Region so that they can “continue the production line of science graduates.”
“I welcome Intel’s on-going commitment to this Region. They are one of the world’s leading developers of semi-conductors and their Shannon plant is dedicated to the design and development of their products with over 75% of their employees having higher level qualifications in the areas of Science, Engineering or Technology.”
“I also wish to congratulate Vincent Cunnane and his team at Shannon Development who have played a key role in supporting and assisting Companies like Intel here in the Shannon Free Zone and we must now build on our strengths in this Region, we can become a Centre of Excellence for R&D and we have the additional benefit of having people like the CEO of Shannon Development Vincent Cunnane who is renowned for his expertise in this area.”
“We have a first class University in Limerick and a Third Level College network in close proximity to Shannon. We must continue to invest in out Third Level Institutions, the future is bright for science graduates interested in research and development and the Government must make the necessary resources available to the Colleges so that they can continue the production line of science graduates.”

“We also have an international Airport on our doorstep and a significantly improved road infrastructure.”

“If we invest today, we will reap the benefits tomorrow and the Government must now support this Region by:

 

 

 

 

 

 

 

 

 

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Continuing to Invest and Support R&D projects in this Region.

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Provide the necessary resources to our Third Level Institutions to continue the production line of science graduates.

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The National Spatial Strategy identified the Limerick/Shannon/Ennis as one of the eight key gateways in the country. The proposals and commitments contained in this Strategy must be implemented.

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No obstacles must be put in the way of the Multi-Agency Task Force which was set up recently and they must be given the clout and teeth to get on with the job.

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Ongoing support for the development of Shannon Airport and the provision of a dedicated marketing fund to promote the US Customs pre clearance facility.

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Continued development of our road and rail infrastructure.”Developing the Mid-West Region as a leading knowledge economy will have economic benefits not just in terms of attracting foreign multinationals but also in allowing Irish Businesses to compete effectively in the global markets.”
 

ENDS