500 Finance Jobs to be Created at New Hub on Old Smithwicks Brewery Site in Kilkenny

The city has failed to attract multinationals in recent years, other than US fund managing company State Street.

The latest promise of jobs comes as Kilkenny County Council told new councillors it has an ambitious €33m plan to transform the former Smithwick’s site in the city centre, which was given to the city by Diageo in 2012 for a nominal sum of €2.1m.

The council has also been in separate discussions with six other prospective firm which could create a further 500 jobs, the council said.

Councillors are expected to vote on proposals in the coming weeks but say they would need €33m investment from the Government, state agencies, the council and private partnerships.

Plans include a research centre for Waterford and Carlow IT, a new park and 180,000 sq ft of new office facilities, including the refurbishment of the former brew house for what is believed to be a financial services firm.

“The proposal to establish on the Smithwick’s site a major international services company with some 500 jobs is very advanced (though not finalised), with real prospects of a further 500 jobs,” county manager Joe Crockett told councillors.

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