![]() Foreign Direct Investment Union (EU) Organisation for Economic Co-operation and Development (OECD) white-listed location for Foreign Direct Investment (FDI), and 2015 was a record year for FDI into Ireland. Ireland was identified as the number one destination for U.S. foreign direct investment in a 2014 report commissioned by the American Chamber of Commerce in Ireland. The Irish economy is enjoying a period of renewed growth. Gross Domestic Product (GDP) rose by 5.2 percent in 2014 and by an estimated of Ireland's economic success is FDI. As the most globalized country in the western world, Ireland's export industry is thriving, which is not surprising given some of the following independent analysis: business" Forbes Magazine 2014; investment incentives" IMD World Competitiveness Yearbook 2014; Europe" Site Selection magazine 2014; KOF Globalisation List 2015; countries in the world" - (2015 Global Innovations Index (GII));and value FDI projects" IBM Global Locations Trends 2015. U.S. companies in Ireland. Those companies have invested more than $277 billion in Ireland since 1990; $80 billion in goods and services annually (4 times more than US Companies in China); 42 percent in the first nine months period, total investment to Europe fell 19 percent to $115 billion; outlay by U.S. affiliates in Ireland more than doubled between 2000 and 2012 from $465 million to $1.5 billion; and is home to: pharmaceutical companies; software companies; technology companies; services companies; and world's fleet of leased aircraft. (IDA) Ireland, the Irish State Agency responsible for stimulating, supporting and developing export led business and enterprise in Ireland, approved 110 investment projects in Ireland in the first six months of 2015. Some recent FDI announcements include: in Hollyhill, County Cork, and adding a new building for 1,000 additional employees by mid-2017; a new technology (or Fintech), and he has advised many of Ireland's largest financial institutions, corporations and technology companies over the last 20 years. 8-34 Percy Place Dublin, Ireland 4 +353.1.639.3001 Fax leman.ie |