Nash ged dundalk news summer 4347

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Minister Ged Nash KEEPING IN TOUCH WITH DUNDALK Summer 2015 Dear Resident, After seven difficult years we can now look forward with confidence to a brighter future.

PROMETRIC EXPANSION CREATES 40 NEW JOBS

As a people we have made history with the passing of the marriage equality referendum. And Louth played its part recording a 63.5% yes vote. With unemployment now at 9.9% nationally we have also reached a significant milestone on the road to economic recovery, breaching the psychologically important 10% barrier for the first time since the height of the crisis. Budget 2015 saw the first income tax cuts for working people in many years As the economy continues to expand I will make sure that working people and small business owners get to take home more of their hard earned income. I am working hard as Minister for Business and Employment to deliver a recovery that is fair, that supports enterprise and that rewards work.

€57 MILLION PLAN WILL BRING 800 NEW SOCIAL HOMES Almost 800 new social homes will be provided in Dundalk and the rest of Louth in the next two years. I have helped secure a €57 million fund for social housing in our towns that will make a dramatic impact on the council housing list. First up for completion will be Coxes Demesne with 35 mixed housing units. Father Finn Park in Louth Village will also receive 20 houses. This is the first major social housing programme the county has seen in many years and it is being kick-started with a €13.7 million programme to buy and build homes for people on council house waiting lists.

The recent announcement by US company Prometric of 40 new jobs in Dundalk has brought more good news to Louth. Prometric employs over 100 people at its Dundalk base which has sole responsibility for delivering the company’s services to its European customers. The US testing company is investing €550,000 in capital expenditure at its Dundalk centre plus an additional €2 million in its local workforce. I recently joined IDA Chief Executive Martin Shanahan and others for the launch of a new €1 million research partnership between Prometric and Dublin City University.

Labour has helped turn the economy around.

It is good to see the US firm’s Irish operation investing in a programme with DCU (which has very strong links with DkIT), and the educational tests that will be developed there have the potential to create even more jobs in Louth.

Now we are tackling the problems caused by those years of neglect with an unprecedented €4 billon social housing programme up to 2020.

Prometric’s expansion is a tangible demonstration of the company’s commitment to Louth and the calibre of the workforce available to it here.

In the Fianna Fáil years the state was not in the business of building social housing.

CONTACT GED NASH TD

Connolly Hall, Palace Street, Drogheda Office: 041 9810811 Follow me on Facebook

Email: gerald.nash@oir.ie Web: www.geraldnash.com @geraldnash


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