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Intel also investing 7 billion EUR in Ireland?

Posted on Monday, February 11 2019 @ 13:24:48 CET by


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Word is going around that Intel is planning to invest up to 7 billion EUR ($8 billion) to expand its production capacity at its Leixlip, Ireland site. Irish Times reports that if the project goes ahead, it will be the largest investment in the history of Ireland. The expansion would add up to 1,600 staff at the site, where Intel already employs 4,500 workers.
Intel has submitted a detailed report via Dublin company AOS Planning. It says the development covered by the 2017 planning permission would cost $4 billion. There would be up to 3,000 construction roles at the peak of building and about 800 full-time positions upon completion.

“The additional development as proposed in this planning application would employ about a further 3,000 construction workers (for a six-month peak) over an estimated four-year build programme at a cost of a further $4 billion, providing for an estimated 800 further full-time permanent jobs on the site,” AOS told planners.

“The proposed development will enable the Intel campus to accommodate manufacturing advances to allow for increased productivity to meet current and future .”
Two weeks ago, news hit the wire that Intel would invest $10.9 billion to boost its chip production capacity in Israel.



 



 

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