Wednesday, May 02, 2012

Vote "Yes" for continued investment

Fine Gael Meath East TD, Regina Doherty, has today (Tuesday) urged people across the North East to vote Yes to continued investment in the upcoming referendum on the Stability Treaty. Deputy Doherty was speaking after An Taoiseach, Enda Kenny, launched Fine Gael’s campaign for a Yes vote in the Referendum.

“There has been a huge amount of progress made over the last year in attracting job creating international investors into this country. Foreign Direct Investment is hugely important to Ireland; at least 250,000 people are employed in the sector here both directly and indirectly.

“IDA supported companies account for €19 billion in total spend in the Irish economy. These same companies account for about €115 billion in exports; that’s 70% of our total exports, which are so important in driving our economic recovery.

“There have been a number of hugely positive jobs announcements in recent months, including the 1,000 new jobs created by PayPal in Dundalk. If we want to continue this positive stream of inward investment I believe it is essential that we vote Yes to the Stability Treaty.

“A Yes vote will be a key step in our recovery. It will send out a message of certainty to international investors thinking about creating jobs here. Today, we saw several IT multinationals come out in favour of a Yes vote.  They want to invest in a country where there is stability.

“A No vote is a vote for uncertainty, risk and confusion. A Yes vote will create the certainty and stability that investors need. A Yes vote is needed for a working Ireland – an Ireland that manages its finances properly and builds the right environment for job creation.”  

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