IDA Chief Outlines New Midwest Investment Strategy

The head of IDA Ireland says he's confident their new strategy to attract foreign direct investment to Clare will pay off.

Martin Shanahan was speaking during a visit to the county, where he met with the CEOs of several Shannon-based companies, and addressed a Shannon Chamber event at Dromoland Castle.

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The Industrial Development Authority unveiled a new strategy this week, which targets an increase of 30 to 40 per cent in the number of investments in regions outside of Dublin.

That would amount to a total of around 70 investments in the Mid-West by 2019, and Martin Shanahan says work to deliver this is already underway.