Foreign Direct Investment

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

<p>There were dire warnings about the effect on Ireland about US corporation tax reform, but their multinational firms have a real presence in Ireland and it's no-tax jurisdictions that suffered profit migration in the wake of the reforms. Picture: Denis Scannell</p>

economy

Seamus Coffey: Meant to be a target of global tax reform, Ireland has instead been a big beneficiary

For now, we are riding the crest of a wave, a wave that others, perhaps unintentionally, created for us.

<p>Albert Bourla, chief executive of Pfizer, with Michael Lohan, chief executive at IDA Ireland. Picture: Maxwells</p>

companies

Ireland 'well placed' for future pharma innovation

<p>The EU Carbon Border Adjustment Mechanism will set an import tariff on carbon intensive products, such as iron and steel, cement, fertilisers, aluminium, electricity, and hydrogen.</p>

economy

John Whelan: Ireland has to plan to save its blue-collar jobs

economy

Neil McDonnell: Stress-test of finances a must for the future

economy

New IDA chief Lohan 'may have to focus on housing as much as tech jobs shakeout'

economy

Pharma drives record exports but food firms 'face challenges'

Warning that Ireland's FDI at risk if cyber security not taken seriously

Senator said foreign multinationals would 'all walk' if they suffered a serious cyber attack and 'Corporate Ireland was responsible for negligence'

Wed, 15 Feb, 2023

Ireland may need to look beyond the US to win future inward investment

Challenges faced by global giants such as Apple, Google, Microsoft, and Facebook, whose Irish operations posted sales of €316bn, may force Ireland to rethink its FDI strategy

Mon, 28 Nov, 2022

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

Mon, 21 Nov, 2022

Ronan Dunne: Proposed law to screen investments into Ireland sparks debate

The IDA reported in June that Ireland had experienced a 9% increase in inward investment for the first six months of this year, marking the highest ever increase in , or FDI, in the State.

Sun, 21 Aug, 2022

Proposed law to screen investment flows into Ireland far too stringent, warns expert

New law could disproportionately affect Ireland, which relies on FDI more than almost any other country in Europe

Mon, 15 Aug, 2022

'Green hydrogen' could be a boon for foreign direct investment, report finds

The burgeoning "green hydrogen" revolution could be a boon for foreign direct investment (FDI) into Ireland and the catalyst for thousands of new jobs, while eliminating from trucks and lorries.

Tue, 09 Aug, 2022

Brian Keegan: Ireland must sell its green credentials to investors

If tax policy was the main driver of FDI in the past, prospective investors are now asking different questions about where to locate

Sun, 20 Mar, 2022

Donohoe: 15% corporate tax rate 'pretty likely' next year

Finance Minister Paschal Donohoe has said he fully expects the OECD’s agreed 15% global corporate tax rate for large multinational companies to come into being, as targeted, by next year, with the chances of it happening by then becoming clearer by ...

Fri, 04 Feb, 2022

Intel insists no decision made on €70bn project in Europe

However it's highly unlikely at this stage that the chipmaker would choose Ireland for the project

Fri, 21 Jan, 2022

IDA in talks with Intel over €70bn investment

The IDA is in talks with computer chip-maker Intel in a bid to land an $80bn (€70bn) investment, which would be the largest single spend in the State by any foreign multinational and could create up to 10,000 jobs over 10 years.

Mon, 20 Dec, 2021

Martin Shanahan: Ireland is still well-placed to compete for FDI

The announcements in the budget of supports and funding allocated to housing, education, childcare and infrastructural development are to be welcomed, as is the €90m aviation package to help Ireland rebuild vital connectivity

Tue, 12 Oct, 2021

IDA: Corporate tax reform threat not denting Ireland's appeal to multinationals

IDA chief executive Martin Shanahan said global foreign direct investment flow is expected to increase by up to 15% this year and multinationals continue to have 'significant confidence' in Ireland

Mon, 12 Jul, 2021

Paschal Donohoe: No concerns about foreign investment if corporate tax rate changes

G7 countries have made an agreement in principle to raise the corporate tax rate to a minimum of 15% globally.

Fri, 11 Jun, 2021

Multinationals in Ireland increase direct investments to €261bn

The huge effects that multinationals play in investing and creating jobs in the Irish economy have been laid bare but the levels of foreign direct investment are lower than the headline figures at first might suggest, the latest CSO data show.

Fri, 14 May, 2021

US software firm opens new Cork centre creating 35 jobs

Tigera will continue to build on its international success from its new EMEA HQ in Ireland

Wed, 12 May, 2021

International companies found to threaten national security to be banned from investing in Ireland

Foreign companies will be banned from investing in Ireland if they are found to threaten national security.

Sun, 13 Sep, 2020

Number employed in IDA companies reaches highest level ever

The number of people employed in IDA Ireland backed companies has reached its highest level ever.

Thu, 03 Jan, 2019

Dublin ranked number one globally for foreign direct investment

Dublin has been ranked as the number one large city in the world for foreign direct investment (FDI) according to a new report published today.

Mon, 10 Dec, 2018

US firms MSD and Autodesk to create 550 jobs in Dublin

Pharmaceutical giant MSD is to create 350 jobs at a biotechnology facility in Dublin, in an indication that protectionist policies from US President Donald Trump have not impacted Ireland’s foreign direct investment (FDI).

Wed, 14 Feb, 2018

19 vacant IDA units available in Cork

Cork has the highest number of vacant IDA sites in Ireland. One fifth of all idle advance factories are in the county.

Mon, 26 Jun, 2017

Cork eyes opportunity from Brexit

Ireland and Cork have great short-term opportunities following the fallout from Brexit — but have no doubt that the UK will fight back aggressively, especially for foreign direct investment.

Sat, 03 Sep, 2016

FDI success doesn’t mask need to build domestic industry

As a country, we have been for a long time — and still are — extremely attractive to foreign direct investment (FDI).

Thu, 16 Jun, 2016

Ireland may need to rethink its place in EU

The upcoming UK in-out referendum on Europe is the biggest event to affect Irish foreign policy since Ireland joined the European Economic Community with Britain in 1973.

Tue, 03 May, 2016

Number of foreign direct investment jobs available doubles in five years

The number of jobs available in foreign direct investment (FDI) sectors has doubled over five years, reflecting the continued recovery in certain sectors of the economy.

Sat, 09 Apr, 2016

Government’s property tax plan needs election scrutiny

Dispelling any doubt that this was anything other than a pre-election budget, Finance Minister Michael Noonan mentioned property, property taxes and property assets half a dozen times in his speech last Tuesday.

Mon, 19 Oct, 2015

Noonan: Battle to defend investment not over

As Ireland announced it was happy with the new tax strategy aimed at preventing countries privileging multinationals, Finance Minister Michael Noonan warned that the battle to protect Ireland’s foreign direct investment was not yet over.

Tue, 06 Oct, 2015

Weaker FDI to China linked to seasonality

Foreign direct investment (FDI) in China grew at its weakest pace in six months in February, but analysts warn that seasonality may explain the swings even as a weakening economy continues to dent investor confidence.

Wed, 18 Mar, 2015