Inward investment increased by 10% in 2006

INWARD investment to Ireland increased by 10% last year, according to the latest Ernst & Young report.

It also revealed that the number of investment projects increased to 74 last year, dominated by the US and Britain. The US increased its number of investment projects from 41 to 42, while Britain increased by six to 16.

This level of investment from the US is the highest since 2000, and the highest from Britain since 1998.