Ireland ‘well placed’ for Australasian investment

Ireland is well placed to attract major new flows of foreign direct investment from multinationals in Australia and New Zealand, the Government has said.

Speaking on the back of last week’s successful Enterprise Ireland/IDA-backed trade mission to Australia — which yielded contracts worth a combined €10m for Irish firms and created 26 jobs — Jobs and Enterprise Minister Richard Bruton said he witnessed a growing awareness of Ireland’s innovation and capabilities on the trip.

“People in government, multinational companies, business and the media are more aware of Ireland, more aware of the strengths we bring to the table and are very willing to do business with us,” he said. “At the heart of our Action Plan for Jobs is building a new, sustainable economy based on exports and innovation.