15 March 2012
Fitzgerald Welcomes €98mil investment in local business centre
Local Minister Frances Fitzgerald has welcomed the announcement by Microsoft, of a €98mil investment in a new data centre to be located in Grangecastle, Clondalkin. The move will create 400 construction jobs at the 112,000 square foot site, as well as 50-70 long term highly skilled positions. Fitzgerald recently gave a commitment to businesses in Grangecastle that Ireland’s attractive corporation tax rate would be maintained.
“This investment shows huge confidence in our skilled industry and will be a significant boost to the local economy. The creation of 400 construction jobs is a welcome move that will have a major impact on families throughout our area. It will also result in an increase in spin-off trade for local shops and services,” said Minister Fitzgerald
“An investment of €98mil in the Clondalkin plant shows huge confidence in our local infrastructure and our skilled work force. This investment will mean the creation of 400 construction jobs for the area and 50-70 highly skilled positions. This announcement comes only months after Google invested €75 million in their data centre in the same business park,” said Minister Fitzgerald.
Microsoft are said to have chosen Ireland as the location for this new multi-million development in part due to our corporation tax, skilled workforce and also for our cool climate which means that outside air can be used as ventilation for PCs rather than enlisting the help of specialised airconditioning units. Mircosofts investment comes merely months after Pfizer announced a €145mil expansion of their plant in Grangecastle and Google announced a €75mil data centre.
“I recently met with senior business people in Grangecaste. There I reiterated this government’s firm commitment to support businesses in Grangecastle, by retaining our low corporation tax which attracted so many multinationals to our shores. Our corporate tax rate of 12.5% has been instrumental in job creation and continued employment throughout the country and it is Government policy to maintain this rate going forward,” concluded Minister Fitzgerald.