High price to pay to attract foreign investment?
This new drive follows on from a Government initiative called Winning Abroad, with a specific objective to ‘enable’ the delivery of 10,000 jobs over the scheme’s three years. It is a worthy objective, and much needed, but is it do-able?
Ireland’s track record of attracting foreign direct investment is extremely impressive, particularly as we are a little island on the periphery of Europe. IDA Ireland has a portfolio of over 1,050 companies which employ 166,000 people, spending €21bn in this economy and exporting €121bn in goods and service annually.
