Taoiseach welcomes investment and job creation by Intel

The Taoiseach, Mr. Brian Cowen, T.D., welcomed the news that Intel is investing $500m at its Leixlip facility.

The Taoiseach said “This significant investment will support 850 construction jobs as well as 200 new high-skilled employees in Ireland. I believe this is a watershed moment in Intel’s relationship with Ireland.

It is a great vote of confidence, from one of the world’s leading technology companies, in both the Irish economy and the quality of Intel’s Irish workforce.”

“Intel’s investment demonstrates that Ireland remains a competitive location for advanced manufacturing. This is a cornerstone of the Smart Economy strategy which recognises that manufacturing will play a fundamental part in our economic future, with an increasing emphasis on securing competitive advantage through R&D, innovation and product design.

Intel’s continued investment in its Irish operation is a major contribution to securing Ireland’s image as a global innovation hub.”

“The Government remains committed to providing a stable and competitive location for foreign direct investment, while also investing in R&D and innovation, thereby ensuring that major international companies like Intel continue to create jobs in Ireland.”