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Foreign Direct Investment

Dáil Éireann Debate, Thursday - 24 June 2021

Thursday, 24 June 2021

Questions (163)

Paul Kehoe

Question:

163. Deputy Paul Kehoe asked the Tánaiste and Minister for Enterprise, Trade and Employment if his Department holds a database of potential foreign investors seeking projects for investment or projects that are seeking foreign investors; and if he will make a statement on the matter. [33996/21]

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Written answers

My Department does not hold a database of potential foreign investors seeking projects for investment or projects that are seeking foreign investors.  I am also advised that neither IDA Ireland nor Enterprise Ireland, both of which are under the remit of my Department, hold such databases.

IDA Ireland is the statutory agency with primary responsibility for the attraction and development of foreign direct investment (FDI) by overseas industry in Ireland. As one of the world’s leading foreign direct investment agencies, the IDA has played a key role in the economic development of Ireland for over 70 years.  IDA’s marketing of Ireland as an ideal location for the establishment of mobile FDI is underpinned by its presence across the globe in 25 separate locations.

As Ireland's Foreign Direct Investment Promotion Agency, IDA Ireland provides a range of support and services to help foreign companies quickly establish and develop their operations in Ireland.   Funding and grants are available to those considering foreign direct investment in Ireland. These are offered to both new and existing clients.

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