IDA sees weaker flow of investment projects but is still upbeat about tech jobs outlook

Despite mass layoffs by several online giants, Mary Buckley says the IDA's client companies are optimistic about their prospects

Interim IDA chief Mary Buckley: '[W]e have sight of a healthy pipeline for the first half of 2023, albeit slightly weaker than in H1 2022.' Picture: Michael MacSweeney/Provision

The IDA has recorded a slowdown in the number of international investment projects flowing into Ireland as the global inflation crisis bites, but is confident the multinationals that provide 275,400 Irish jobs will weather the storm.

Interim boss Mary Buckley told the Oireachtas enterprise committee the IDA expects the number of projects in the first half of next year to be down from the first six months this year, but that the outlook remains positive.