IDA Conducted Almost Three Times More Site Visits To Clare At Beginning Of Year

IDA Ireland conducted almost three times more site visits to Clare in the first three months of this year, compared to the same period in 2022.

New figures show that of the site visits carried out by the agency relating to securing foreign direct investment in this region, 30% were to this county, with Limerick once again securing the highest number.

 

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To the end of March this year, the inward investment agency of the Irish Government facilitated 8 site visits to this county, in relation to potential future foreign direct investment in the region.

This represents a rise of 5 on the first quarter of 2022.

In contrast, there were 7 in-person or e-visits to Galway between January and March and 11 to Limerick during the same period.

Responding to a parliamentary question from Clare Independent TD Michael McNamara, the Minister for Enterprise, Trade and Employment says IDA Ireland continues to engage with new and existing companies on promoting Ireland as a location for their business.

Minister Simon Coveney is reassuring that the agency will continue to position Clare, Limerick and Galway for virtual and in-person site visits to prospective companies throughout 2023 and beyond.

There are now 6,643 employed by 70 IDA client companies based here in Clare and Minister Coveney says the Midwest and West has won significant investment across the Technology, Life Sciences, International Financial Services and Engineering & Industrial Technologies over a sustained period, which has contributed significantly to employment growth and positive economic impacts on other sectors of the economy.