It’s claimed there are strong indications that both multi-national and indigenous companies in Clare are on track to expand.
It comes as new figures show over 11,000 jobs in this county are now supported by either the IDA or Enterprise Ireland.
According to the Department of Trade, Enterprise and Employment, there are now 159 companies operating in the MidWest Region that are clients of the Industrial Development Agency.
70 of these are in Clare and currently employ over 6,000 people, with the majority of these multi-national companies based in Shannon.
It marks a 20% increase in jobs created by the inward investment agency here in the past five years.
The CEO of Shannon Chamber believes although there are challeneges such as accommodation, companies are attracted to the regions ecosystem of third level institutions, Shannon Airport and motorway infrastructure.
Helen Downes says there are strong indicators that companies already here are keen to expand operations and increase employee headcount.
Enterprise Ireland has also been driving job growth in Clare.
The dedicated state body for the promotion of indigenous business on a global scale now supports 100 firms here, that employ over 5,200 people.
The Head of Clare’s Local Enterprise Office insists it’s vital that if small and medium enterprises here are to achieve their desired growth, they must avail of all grants and explore new technologies to them.
Padraic McElwee believes more start-ups in this county have the potential to be successful on the international stage if they can harness the benefits of artificial intelligence and robotics with their help.
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