Three tech giants give Dublin a vote of confidence – Murphy

-   Eoghan Murphy TD

Fine Gael Dublin South East TD, Eoghan Murphy, has today (Wednesday) welcomed the news that three of the world’s biggest tech companies are planning major expansions of their Dublin operations. Deputy Murphy said the fact that Facebook, Amazon and Yahoo are all expanding their Dublin offices further cements the city’s status as the digital capital of Europe.

“This is very positive news for Dublin’s economy, and it will only further improve the city’s reputation as the digital capital of Europe. Facebook is set to double its office space in the south docklands, while Amazon and Yahoo are also set to take over major new office lettings on Burlington Road and at the Point Village.

“It’s understood that this represents the largest tranche of new office space to be let in the city in a number of years. Furthermore, it is expected that there will be a considerable level of demand to fill the existing city centre office buildings being vacated by the three tech companies, as premium office space in Dublin remains in short supply.

“This is a very positive indication that Dublin’s economy is bouncing back. The city is home to the world’s biggest digital firms, and as these expansion plans illustrate, these companies are committed to remaining in Ireland for the long-term. The Government is determined to continue to attract investment from social media and online firms, which are a fantastic source of high quality jobs.

“Over the last year, almost 34,000 new jobs have been created. Every month, 3,000 new jobs are being added to the economy, and the unemployment rate is consistently falling. While high tech firms like Facebook are not the answer to all our economic challenges, they are playing an important role in investing in Ireland and creating high-end jobs. Furthermore, it’s estimated for every one job in the high-tech sector, an additional four jobs are created in the domestic economy, in terms of support and services.

“Facebook has already announced its intention to boost its employee numbers in Dublin by 100, and I am confident that the expansion plans of the social media giant, along with a number of other tech firms, will lead to further job creation in the capital over the year ahead.”  

Stay Up To Date With Fine Gael