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10-year jobs and enterprise strategy launched
Enterprise 2025, a 10-year jobs and enterprise strategy, was launched today at Dogpatch labs in the CHQ building in Dublin.
Taoiseach Enda Kenny, Tánaiste Joan Burton, Jobs Minister Richard Bruton, and Ministers of State Ged Nash and Damien English outlined the plan, aimed at ending the cycle of boom-bust and delivering sustainable, enterprise-based jobs growth.
The strategy targets 2.18million people at work by 2020, the highest in the history of the State, which will entail an increase of 221,300 people at work based on most recent figures. Key targets included in the plan include:
- achieving and retaining a top 3 competitiveness ranking
- unemployment in each region being within one percent of the State average by 2020
- a 60 percent increase in EI enterprises spending more than €1m on R&D and winning €3.6bn in R&D related FDI
- delivering 2-2.5% productivity growth per annum in Irish companies
- step-change in the export performance by Irish companies – 50% increase in exports by Irish companies by 2020
- an additional 1080 inward investment projects
- export sector to create 47% (105,000) of the new jobs to 2020 (including tourism). During the years of the construction boom, exporting companies accounted for only 19% of jobs. This export-driven strategy will help ensure that the jobs growth is sustainable
Read the press release here.
You can read the full plan here.