More than 350 jobs will be created at a telecoms firm, it was revealed today as the Government announced its drive to develop the so-called smart economy.
A next generation communications grid is being designed which experts claim will allow Ireland to leapfrog other nations attracting investment in the digital and green sectors.
Ultimately the Government claims it has the potential to create 30,000 jobs over the next decade.
Eamon Ryan, Communications, Energy and Natural Resources Minister, said the plan would secure investment and employment of the future.
“We are setting a new economic direction for Ireland,” he said.
“In the future, those countries that focus on the development of new energy and communications technologies are those that will have the competitive edge.”
The grid, known as Exemplar Smart Network, will be built by Intune Networks using a new style of fibre optic cables.
The firm believes the infrastructure will create a wave of opportunities based on the future of the Internet which up to now was limited to regions like Silicon Valley in the US and leading Asian countries.
Source