Colm McGrath describes how the shortage of tradespeople and construction professionals could constrain housing output and overall construction growth and
€420m TikTok data centre to create ‘hundreds of new jobs’ in Ireland
The centre will also work to deliver faster loading times for TikTok users and will store European user data. In June, TikTok announced that its Irish base would become responsible for the oversight of data for users in Europe, taking over from its US entity.
The data centre will add to the company’s presence in Ireland, joining its EMEA trust and safety hub that was established in Dublin at the start of this year. Amid the investment, Cloutier said, the company will be expanding its data protection and privacy teams.
IDA Ireland’s CEO, Martin Shanahan, said that the news represents “a substantial investment here”, positioning Ireland as “an important location in the company’s global operations”.
“This data centre signals our long-term commitment to Ireland and we expect the data centre to open and be operational by early 2022,” Cloutier added. “We are continuing to work on the details with our key partners, including the IDA, and we will share more updates on our progress in the near future.
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