My Department's strategies for the development and encouragement of enterprises focuses on the continued promotion of Ireland as an attractive location for foreign direct investment and on the further development of the indigenous sector. In 1999, IDA Ireland, in consultation with my Department, completed a fundamental review of its policies and activities. The three main priorities to be addressed by IDA Ireland in the years ahead under its new strategy are achieving significant industrial development in the Objective One regions; upgrading of the existing base of overseas companies to give them more sustainability and improve their value and quality; and beginning the real breakthrough in making Ireland an important e-business hub in Europe.