Chip giant Intel has been granted planning permission to develop a USD4bn 14 nanometer (nm) chip plant at their campus in Leixlip, Co Kildare with the potential to create 800 long term jobs and well over 1,000 jobs in the building phase.
However, Intel has yet to decide whether to locate the next generation plant in Ireland.
The company has an existing workforce of 4,000 in Kildare.
Intel has said it is to develop next- generation facilities to handle future products and the planning permission means that this is one obstacle that Intel need not worry about should the decision fall in Ireland's favour.
In May last year, Intel CEO Paul Otellini confirmed Intel Ireland's Leixlip plant is one of three global sites that has been chosen to produce its next-generation 14nm chips. The two other sites that have been chosen are Intel's Oregon and Arizona plants.
Intel is moving from a 22nm process to a 14nm process and aims to create 10nm, 7nm and 5nm chips beyond 2015.
Dublin is right on track to become a leading 'Smart' city at a global level and the potential for new jobs at Intel's campus at Leixlip underpins this, according to Dublin Chamber of Commerce.
Following approval from An Bord Pleanala for a 40-hectare expansion at the plant in Leixlip, Gina Quin, Dublin Chamber Chief Executive said, "In the past few years we have seen a crop of leading technology firms like facebook, twitter and LinkedIn, choosing the region as their base for accessing the European market and utilizing a highly-skilled workforce. It is vital that we continue to attract this type of foreign direct investment to ensure we maintain our development as a 'Smart' open and internationalised city". (By Joe O'Connor)