Ireland’s FDI agency reports strong regional performance

Economy, Employment | Tue 19 Jan | Author – Business & Finance
FDI Ireland jobs

Recent statistics released by IDA Ireland reports that more than one-in-five private sector jobs in the economy (direct and indirect employment) are as a result of IDA-supported foreign direct investment.

Foreign direct investment is growing in all regions, which is contributing to a strong overall national performance.

Almost 19,000 jobs were created last year by IDA client companies in regions all over Ireland, with over 9,000 jobs created outside Dublin.

However, there are certain regions of the country that remain a challenge. The overall picture remains strong with 20 of the 26 counties also growing in jobs terms.

Counties that experienced the highest growth in 2015 included Waterford, Limerick, Westmeath, Donegal, Louth and Galway.

Counties that didn’t fare quite as well during 2015 include Wicklow, Monaghan, Sligo, Kilkenny, Tipperary and Wexford, with little growth shown throughout the timeframe.

The number of investments secured during the year rose from to 213 from 197 in the previous year and the number of new name investments went to 94 from 88 in the previous year.