A leading outsourcing company has announced plans to employ 800 new staff. Capita says the new jobs will double its existing workforce in Dublin.

They are due to be created over the next 3 years.

The company provides a range of services to clients across both the public and private sectors in Ireland, including centralised back and middle office services; asset management; loan administration and asset recovery and corporate services.

The announcement, which would increase Capita's headcount here from 800 to 1,600, was made at the official opening of its new Dublin office by Minister for Finance Michael Noonan.

Mr. Noonan said "The scale and ambition of the company's investment in Ireland, and the announcement of their plans to employ 800 more people over the next three years, is a major vote of confidence in Ireland. This announcement highlights the progress that is being made in restoring confidence and attracting investment and jobs into Ireland".

Growth on a domestic & international front

Robbie Hughes is Capita country manager for Ireland. "We have grown consistently in Ireland in recent years and, as stability is restored to Ireland's financial position and its international reputation, we believe there is opportunity for continued business growth, on both a domestic and international front" he said.

Capita provides a wide range of services to clients across both the public and private sectors in Ireland including: centralised back and middle office services; asset management; loan administration and asset recovery; corporate services; share registration and fund administration. In addition, the life and pensions team provides policy administration, claims and underwriting services.

Newstalk's Business Editor Ian Guider says Capita hopes to win a significant number of new contracts.