Dáil Éireann debate -
Wednesday, 28 Feb 1996

Vol. 462 No. 3

Written Answers. - Foreign Investment in Ireland.

Ivor Callely

Question:

96 Mr. Callely asked the Minister for Enterprise and Employment the direct foreign investment in Ireland for each of the years from 1989 to 1995, if he will give a breakdown of the investment in 1995; and if he will make a statement on the matter. [4375/96]

Minister for Enterprise and Employment (Mr. R. Bruton)

Agency data (IDA and Forbairt) on foreign investment in Ireland derives from their statistics on eligible fixed assets (EFA) in companies against which capital grants are paid.

The introduction of employment grant assistance related to the creation of employment which is not directly related to capital investment means that fixed asset investment in these companies is not tracked. The actual amount of foreign direct investment flowing into Ireland is therefore larger than that indicated by the following figures although the trends are probably the same.

EFA: 1989-1995

Year	EFA
	IR£million
1989	135
1990	122
1991	228
1992	213
1993	251
1994	200
1995	229

In 1995 the amount of Eligible Fixed Assets is broken down by Nationality Group of Origin as follows:

Nationality Group	EFA Paid
	IR£million
United States	182
Other Non-European	23
United Kingdom	8
Germany	6
Other European	10
Total	229