Press Release 29 Jan 2016

With the CAO deadline approaching on Monday 1st Feb 2016, IDA Ireland, the state agency with responsibility for foreign investment, wants to remind students that skills in science, technology, engineering, art and maths (STEAM) will be highly valuable when they finish education and enter the jobs market.

Ireland continues to attract some of the world’s top multi-national companies and is ranked first for top foreign direct investment (FDI) performers in the world* and first for flexibility and adaptability of workforce**.

As announced in IDA’s recently published annual results, more than one-in-five private sector jobs in the economy (direct and indirect employment), are as a result of IDA-supported FDI.

Students are encouraged to choose subjects that will support these highly creative and innovative companies in Ireland in areas such as science, technology, engineering, art, maths, international business & finance. Students with language skills and those who have completed work experience during their time in education will be highly attractive candidates when applying for jobs in Ireland in the future.

Martin Shanahan CEO IDA Ireland said: “Ireland is home to some of the world’s best employers. Right now, we are seeing lots of opportunities for those with science, technology, engineering, art and maths backgrounds.”

“Ireland is increasingly seen as a place where companies can undertake research and develop new products. Companies will need Irish graduates to help them develop the next generation of internet technologies, drugs and apps amongst other products.”

“In addition to this, Ireland is also home to a lot of very complex, high value zero-defect manufacturing activity in areas such as bio-pharma, medical devices and micro electronics. Skills in engineering and production are very valuable in this sector.” 

“IDA Ireland is actively supporting a wide range of important Government initiatives to substantially enhance skills availability to multi-national companies and increase job opportunities in Ireland. All stakeholders in Ireland must ensure that the education and training system meets the requirements of both multinational and Irish companies.”

Sources:
*IBM Global Location Facts and Figures 2015, ** IMD World Competitiveness Yearbook 2015.

For further information contact:
Kevin Sammon, Public Relations, IDA Ireland - +353 876188564

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