The global environment in which Ireland competes for foreign direct investment is constantly changing. Ireland’s historic success in winning a far higher share of FDI than warranted by the size of our population and economy reflects the ability of Government, stakeholders and citizens to adapt and capitalise on the opportunities that arose as business models shifted and new growth areas emerged. The forthcoming period will once again be characterised by change and evolution in the global FDI environment, but at an accelerated pace and set against an exceptionally challenging economic backdrop as a result of the Covid-19 pandemic. IDA’s Driving Recovery and Sustainable Growth strategy is intended to position the Agency to respond to this changed environment
IDA Ireland launches its new strategy for the period 2021-2024 at a time of unprecedented uncertainty and accelerating change. In Ireland and in our key source markets for investment the Covid-19 economic shock continues to reverberate with elevated levels of unemployment and lasting disruption in some sectors.
IDA’s ambition is to capitalise on opportunities to provide MNCs with solutions to the challenges they face in this difficult global environment. The ambition of this strategy is framed through five interlinked pillars of Growth, Transformation, Regions, Sustainability and Impact.
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