Inventing The Future

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IDA Ireland

Covid-19 has kickstarted a K-shaped recovery across most major economies. Some sectors have been directly and unavoidable impacted, and this is reflected in 59% of respondents considering investing in Ireland over the next 1-3 years stating their business has been negatively impacted by the pandemic.

A Bloomberg Media Study Into FDI Flows
 Capturing the sentiment among senior directors who are key international decision makers (FDI) and looking to invest in Ireland in the next 1-3 years.&nbsp;The survey included 335 FDI decision makers located in 15 markets. 
The study was conducted between 15th and 26th of April 2021 in 15 source markets among 3,060 senior directors who have a key influence in their businesses foreign direct investment strategy. Responses throughout the paper represent 335 foreign direct investors who are planning on investing in Ireland in the next one to three years.

Ireland: Many Reasons to Invest

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IDA Ireland has reported significant investment growth in the first half of 2021, returning FDI employment creation plans to near 2019 record levels, despite the continued business uncertainty caused by the pandemic.

Some 142 investments have been won (62 of which are new names), resulting in associated employment potential of more than 12,530 jobs.

Martin Shanahan, CEO of IDA Ireland, said: “These very strong results show that foreign direct investment continued to grow, demonstrating further endurance and strength even as the pandemic entered a second year.

Shanahan added: “Ireland remains a smart destination for ambitious, future-focused investors. Companies need talent, they need ease of access to Europe. They want stability and consistency, and they want the pro-enterprise policies which a country like Ireland has operated for many years.

“In the context of the Covid-19 global pandemic, Ireland’s FDI performance is remarkable. It is encouraging that Ireland has been able to secure such a significant number of investments and create jobs through 2020 and 2021. This has been achieved through a focus on our existing client base and on stronger than anticipated new name performance.”

CEO, IDA Ireland

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Robert Hannigan, Chairman of BlueVoyant Europe.

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(From left) Dan Morgan, Head of Regulatory Relations, Europe, Ripple; Ryan Randoff, CEO, Coinshares; Sally Eaves, CEO Blockchain & AI Thought Leadership, Sustainable Asset Exchange (sax), Forbes Technology Council.

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Elizabeth Krutoholow, Senior Healthcare Analyst - Specialist Pharma and Biotech, Bloomberg Intelligence.