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US investment's role in regional development in Ireland

Caroline O'Driscoll, Partner, Corporate and International Tax

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US investment has played a strong role in regional development. Despite headwinds, these companies embrace change, innovate, and prosper.

Caroline O'Driscoll, Partner, Corporate and International Tax

Opening snipet: 

US investment’s role in regional development in Ireland. 

As government policy looks to regional balanced investment, we are seeing US investment play an increasingly important role in the regional development

This fact is reflected in recent figures published by IDA Ireland which set out
that 52% of FDI won in 2022 went to regional locations with corresponding employment growth in every regionof the country.

These results highlight the positive impact of the “Project Ireland
2040” strategy and what can be achieved with real focus on shared development goals for regional investment. Despite some uncertainty as we emerged from the pandemic, the Irish economy has performed well in

We have learned from the COVID-19 pandemic that although uncertainty
continues to be a factor, businesses are resilient embrace change and look for new ways to grow despite economic barriers.

As the fastest growing economy in Europe for the past decade, and with the economy forecast to outperform global GDP growth over the next two years,
Ireland now seems very well placed to drive development from continued inward investment... (Artilce ontinued through link below.) 

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