A Model for FDI Worldwide

IDA Ireland's current strategy is based on a policy of attracting investors from a range of industry sectors who are seeking the best location for their Advanced Manufacturing,�Global Business Services and R&D operations. You can find further information about our strategy in
Winning: Foreign Direct Investment 2015-2019

Best Country for Business

Forbes magazine declares Ireland 'best country for business' and the IDA marks a record year for FDI in Ireland.

Focus on FDI

Following a government review the IDA was broken up into three separate organisations. From this point the IDA was to focus exclusively on the promotion and development of high-quality foreign direct investment (FDI) in Ireland. This was initially to be in the manufacturing and international services sectors but has since expanded to include a number of high-performance sectors.

EU Membership

Ireland became a member of the European Economic Community, later the EU, in 1973. This move transformed many aspects of life in Ireland and opened Ireland up for free trade with its European partners.

Autonomy for the IDA

In 1969 the IDA was incorporated as an autonomous state-sponsored body under the Industrial Development Act and made responsible for all aspects of industrial development. This put the IDA on a stronger footing, giving the body more flexibility.

Opening up the Economy

The signing of the Anglo Irish Free Trade agreement contributed to the opening up of the Irish economy between Ireland and its main trading partner.

A Change in Policy

The introduction of the first Programme for Economic Expansion was part of a series of moves in the 1950s to achieve economic expansion in Ireland. This programme removed protectionism, encouraged Foreign Direct Investment (FDI) and promoted exports.

IDA Established

IDA Ireland was formed in 1949 as part of the Department of Industry & Commerce. The IDA was initially briefed to stimulate, support and develop export-led business and enterprise in Ireland. This covered both indigenous and foreign investment and start-up enterprises. This was against a backdrop of economic protectionism and restrictions on imports.

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International Offices

We have 28 Offices worldwide helping support companies expand their operations in Ireland.

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