IDA Ireland announced 11 new projects for the South West Region this year however none of the companies set up in Kerry. Four of the projects were expansions of existing operations in Cork and the remaining 7 were start ups. In its end of year review the IDA confirms not one single IDA supported job was created in Kerry in 2003.In its annual review for 2003 the IDA says the South West has proved itself a competitive and attractive location for inward investment. Despite its competitiveness not one single IDA supported job was created in Kerry. 11 new projects were announced for the region, but all are based in Cork. This represents an investment in excess of 235 million euro for Cork County. Four of the projects were investment in existing operations. The only good news for Kerry is the upgrading of the IDA`s business park in Killarney. Nationally 64 projects have been secured for the country a slight increase on last year. In the coming year the IDA is to promote the area as a centre for shared services and high technology manufacturing, however based on this years turn out Kerry is unlikely to be too optimistic.