Science-based global technology company 3M is to set up a new research and development technical centre in Dublin, which is expected to see the creation of more than 100 jobs over the next two to three years.

3M has had a presence in Ireland since 1975 and currently employs more than 500 people, both in Dublin and at its manufacturing facility in Athlone.

The company's investment in its new 3M Digital Science Community is supported by IDA Ireland.

The company said that recruitment for its new 3M Digital Science Community is underway with new team members working remotely until the fit out of 2 Cumberland Place in Dublin's city centre is complete later this year.

Dr Michael Dolezal, vice president of the 3M Digital Science Community, said the company sees Dublin as a highly attractive location for this significant investment.

"Crucially, you have the education ecosystem and experienced talent that we need to launch the company's first Research and Development technical centre focused on digital technology, " Dr Dolezal said.

"This centre is positioned to grow and optimise 3M's global digital, data security and privacy operations, to accelerate deployment of cloud-based solutions and architectures, and to enhance research and development in artificial intelligence," he added.

Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar said today's news is a really welcome boost for Dublin's city centre.

"With many businesses reopening over recent weeks, things are improving, and we will see our city centre bustling again," Leo Varadkar said.

"The establishment of this new research and development centre will create 100 highly skilled jobs over the next two to three years and is further proof that Ireland is recognised as a global hub for leading technology innovators," he added.

Martin Shanahan, the CEO of IDA Ireland, said that 3M is a high profile, iconic company and a leader within the healthcare IT market and its choice of Dublin for this important investment is very significant.

"This investment communicates a strong message that Ireland is an ideal location for specialist skills and technology in the health tech space," the IDA Ireland CEO added.