Minister O'Keeffe woos foreign investors

Minister O'Keeffe woos foreign investors

Enterprise Minister Batt O’Keeffe today begins a series of top-level meetings with leading US firms to woo them to invest in Ireland.

Mr O’Keeffe is visiting 13 firms in New York, New Jersey and Massachusetts on the east coast of the US.

The companies span a range of sectors including life sciences, information technology and financial services.

The minister said the trip was an important opportunity to draw new investment to Ireland.

“The Government’s overriding policy priority is economic recovery and the creation and protection of jobs,” Mr O’Keeffe said.

Mr O’Keeffe said he would be stressing to the firms that the 12.5% corporation tax rate remains at the heat of the Government’s strategy to attract foreign investment.

Mr O’Keeffe travelled with IDA Ireland chief Barry O’Leary.

“Despite the economic circumstances, Ireland continues to win significant foreign direct investment,” Mr O’Leary said.

“To date, 67 IDA Ireland client firms have announced new investments this year with 20 of those firms investing in Ireland for the first time.”


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