Cork to continue to benefit from job creation and economic growth – Buttimer

January 6, 2015

  • 15,000 jobs created by IDA client companies

Confirmation that IDA client companies created more than 15,000 new jobs in 2014 is a clear sign that Ireland is an attractive location for the world’s leading companies.  Over the full year the net increase in jobs was one of the highest in almost a decade.  This shows that we are on a path to recovery and that each year more people are getting back to work.

Since the Government launched its Action Plan for Jobs in 2013 there has been a 24% decrease in the number of people unemployed in Cork.  This trend of job creation is reflected in national figures, which show that the unemployment rate in November was down to 10.7% from a high of 15.1% in Feb 2012.

Cork is set to continue to benefit from investment and job creation over the next few years.  With financial support from Government construction work is due to commence this year on both Pairc Ui Chaoimh and on a new event centre.  There is also a large office building that is being built on Albert Quay.  These projects and the transatlantic connection which will deliver vital Tier 1 fibre connectivity from Cork to the US and UK will be basis for further economic growth and job creation in Cork.

Posted under Cork, Cork City, Development, Jobs Enterprise & Innovation, National Work

Páirc Uí Chaoimh redevelopment great news for Cork – Buttimer

Monday, 1st December 2014

  • Decision by An Bord Pleanala to grant planning permission for Páirc Uí Chaoimh is great news for Cork.

I am delighted to learn that An Bord Pleanála has granted permission for the redevelopment. Páirc Uí Chaoimh is at the very heart of life in Cork and the improved stadium facilities and capacity will ensure its future is secure.

This €70 million project will have many benefits for Cork.  It will update an aged stadium and deliver a  modern sport and recreational facility.  In terms of jobs it will create 400 direct and indirect jobs, giving a boost of €22 million to the Cork economy.

Government has committed to supporting this project with an investment of €30 million.  As well as ensuring that the required finances are in place for this project, this commitment is an important capital investment in Cork.  Together with the committed funding for an event centre, this Government is ensuring that large construction projects that will benefit our community for many years can go ahead.

Páirc Uí Chaoimh is special place and this new development will allow more people to experience it on those great match days.  It is expected that work on this project will begin in February 2015.  During construction it is imperative that the GAA and the builders engage meaningfully with residents to address their concerns as they arise.  When the new stadium is complete a formal process of dialogue should be established so that any issues about the use of the facility can be dealt with at the earliest possible time.

Posted under Cork, Cork City, Development, Douglas, Economic, Infastructure, Jobs Enterprise & Innovation, South East, Sport

Housing Strategy will address shortage and reform social housing – Buttimer

Social Housing PolicyWednesday, 26th November 2014

  • 110,000 homes by 2020 including 35,000 additional social housing units
  • Social Housing Strategy 2020 will address current housing shortage and provide homes for those who need them

The Social Housing Strategy announced by the Government today will deal with the housing shortage in this country. Around 35,000 social housing units will be supplied by 2020. The needs of a further 75,000 households will be met through the Housing Assistance Payment and the Rental Accommodation Scheme.

The Government will put in place a tenant purchase scheme for existing tenants in the coming months.  We’re committed to making social housing more flexible and responsive to people’s needs and individual circumstances and include social housing as part of mixed developments.

This ambitious national plan to supply 35,000 social housing units will be completed through the building and acquisition of over 22,000 units, the lease of 11,000 units and the return to use of over 2,000 units.

A major part of the strategy is also the reform of social housing and the way it is allocated. The Housing Assistance Payment is designed to ensure people have the accommodation they need and is currently being introduced on a phased basis in a number of Local Authorities and will be widespread by 2015. It differs from the Rent Supplement as it allows people to take up work without losing their payment, and to avail of other social housing supports and options.

This plan on social housing is not just good news for those waiting on the list and also very positive for the construction industry, with potential for job creation in an industry that was badly hit by the economic crash. It is estimated that the strategy will see the creation of 29,000 jobs

Posted under Development, Environment, National Work