IDA employment in the midland region increased by 14% in 2018 with Athlone based Neueda Technologies leading the way with the planned creation of 200 jobs, according to Local TD Denis Naughten.
“While we are starting from a low base in terms of IDA jobs, I hope this growth will be an indication of future jobs announcements. With the construction underway of an advance factory in Athlone, this will make the town and the surrounding counties more attractive for new foreign jobs investment,” commented Denis Naughten.
“There is no doubt that the Government decision to designate Athlone as a new potential city is helping to attract IDA jobs investment into the region and ensuring that the it is fast becoming the Silicon Heartlands with the town set to have a bigger percentage of the workforce employed in software development than any other town or city in Ireland or the UK.
“With current employment levels in the sector locally, along with job announcements and others set to be formally made, Athlone is set to have 15% of its workforce in the software sector which puts it well ahead of Dublin and its Silicon Docks.
“Towns such as Roscommon have an abundance of ready to move into office space, and with a new incubation hub about to become operational in Ballinasloe other towns in the region are set to benefit from this major growth in the tech sector in Ireland’s Heartlands.
“The objective of creating a hub in Athlone and using that to bring more investment into the surrounding towns of Tullamore, Mullingar, Longford, Roscommon and Ballinasloe is clearly set out in the Government’s Project Ireland 2040. This is a designation that I spearheaded through my engagement with Government.
“Apart from direct employment multinational companies have a hugely positive effect on the local economy with over eight jobs being created for every 10 jobs in IDA supported companies,” concluded Denis Naughten.