Government targets 28,000 new jobs for North East and North West

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The Government is launching a jobs strategy for the North East and North West today, aimed at creating 28,000 jobs by 2020.

The plan for Donegal, Sligo, Leitrim, Cavan, Monaghan and Louth would boost employment in the region by 10-15%.

It aims to do this by increasing the number of start-ups by a quarter and putting an extra 30-40% in IDA funding into projects in the area.

This is the sixth of eight regional jobs plans being published by the Government, and it is part of a new €250 million regional jobs strategy.

Initiatives announced

Between 2008-2011, 31,600 jobs were lost in the North East/North West region. 

Among the initiatives to be introduced over the next two years, the IDA is to work on companies with existing large scale operations in Dublin to encourage them in setting up second site operations in the North East and North West.

Local Enterprise Offices will disburse over €2.2million in grant funding, and training.

And authorities will work to create a Digital Payments Cluster of companies along the M1 Dublin-Belfast corridor.

Minister for Jobs and Enterprise Richard Bruton said: "The North East/North West is a region which had historic problems with unemployment, but over recent years thanks to the ingenuity of its workers and businesses it has performed extremely strongly. Since we launched the national Action Plan for Jobs in early 2012 over 20,000 extra people are at work in the region, making it the third fastest growing region in the country in employment terms."

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