IDA targets 80,000 multinational jobs

IDA Ireland is targeting another 80,000 jobs, to be created by overseas multinationals, between now and 2020; forming a boost to inward foreign direct investment of over 40% during the five-year period.

The agency outlined its five-year strategy entitled ‘Winning’. Yesterday, it stressed it would address the need for a better regional spread of incoming investment projects.

The plan targets a 30% to 40% increase in investment levels into each region of the country. The agency is also set to upgrade its business and technology parks as part of a five-year €150m property investment plan. It said it is confident of achieving its regional goals.