Foreign investment increases to €22bn

FOREIGN direct investment into Ireland increased in value last year with just over €22.35 billion coming into the country from overseas companies.

Foreign  investment  increases to €22bn

That figure — published yesterday by the Central Statistics Office — compares favourably with recent years. The investment flow figures include equity investment, re-investments in existing operations here and other capital, which chiefly refers to loans between an owner company and its Irish affiliate.

In 2006, there was a negative investment flow of €4.42bn, while 2005 saw a negative flow of €25.5bn. These were chiefly down to loans made by foreign-owned companies in Ireland to their overseas affiliate companies, although both years also saw strong levels of re-investment in operations here.

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