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Michael Noonan has announced another 40 new jobs for Limerick

Last month, the Minister for Finance allocated half a billion euro to Limerick, the State’s fourth-largest city.

Image: Rollingnews.ie

MINISTER FOR FINANCE Michael Noonan has announced 40 new jobs for Limerick city, in IT and software development.

Limerick IT firm Redfaire, which currently employs 43 people in Ireland, with a further 27 in France and the UK, is creating 40 jobs for its Irish operation as it expands overseas.

The jobs are in a range of roles including IT support, sales, software product development and cloud computing.

Last month, Limerick TD and Minister for Finance Michael Noonan announced another round of spending – and 300 jobs – for his home city.

Half a billion euro (€500 million) from central exchequer funds were allocated to Limerick Twenty Thirty Strategic Development, to help revitalise the declining city centre.

With a population of 56,106 people, Limerick is the State’s fourth largest city. Over the past five years, it has grown far below the national average of 3.7%.

The Treaty City grew 2.1%, compared to 5.4% for Cork city, 5.3% for Galway city, 4.8% for Dublin city and 3.5% for Waterford city.

It is actually closer in size to fifth-placed Waterford city (46,732) than to Galway city (75,529) or Cork city (119,000, with about 300,000 in the metropolitan area) .

“It’s a great pleasure to announce yet more jobs for the Limerick area today,” Noonan said of this latest announcement.

“Redfaire is a great example of how Irish companies are connecting to the wider world and growing the tech sector in Ireland.”

Read: A €500m investment yesterday and 300 jobs today – it’s been a good week so far for Limerick

Read: Controversial app Uber to create 300 jobs in Limerick

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