Ireland top of the rankings for attracting higher-value investment

Ireland has extended its sequence of topping the global foreign direct investment rankings to a fourth consecutive year.

Foreign direct investment has long been a cornerstone of the economy with its low corporation tax and highly-educated, English-speaking workforce among the key reasons companies which now employ more than 160,000 people locate here.

The latest Global Location Trends report compiled by IBM finds Ireland continues to attract investment projects in industries such as life sciences and information and communication technology.