National Irish Bank/fDi Intelligence Inward Investment Performance Monitor ranks Ireland as 2nd most attractive country globally for Foreign Direct Investment

This report provides further evidence of Ireland’s attractiveness for foreign direct investment and follows a strong performance in 2010, which saw increased inward investment into Ireland during the year.

Barry O'Leary, CEO IDA Ireland

Dublin, IDA Ireland today  welcomed a report by National Irish Bank and fDi Intelligence ranking Ireland as the 2nd most attractive country globally for Foreign Direct Investment. The National Irish Bank/fDi Intelligence Investment Performance Monitor revealed that:

• Ireland is the second most attractive country globally for Foreign Direct Investment (FDI)
• The number of projects into Ireland increased by 15% in 2010, with a corresponding increase in the rate of job creation
• Quality of jobs is high, with a relatively high proportion involving R&D and headquarter facilities
• Improving global economic prospects should result in continued FDI growth in 2011

Welcoming the report, Barry O’Leary, CEO of IDA Ireland, said, ‘This report provides further evidence of Ireland’s attractiveness for foreign direct investment and follows a strong performance in 2010, which saw increased inward investment into Ireland during the year’.

‘This momentum has continued into 2011 evidenced by recent announcements. Ireland’s improving competitiveness allied with our talent base, favourable corporate tax regime, ease of doing business and strong track record in winning global investments ensures Ireland will continue to be one of the most attractive countries in the world for FDI.’

NIB/fdi intelligence press release available at:
http://www.idaireland.com/news-media/featured-news/ireland-ranked-second-glo/index.xml

For further information:

IDA Ireland, Media & PR
Thomas McEvoy, Tel: +353 (0) 1 603 4255, Mob: +353 (0) 87 7426684
Antoinette Tyrrell, Tel: +353 (0)1 603 4256, Mob: +353 (0) 87 7572053