“Ireland is an extremely attractive location for foreign investors looking to expand and break into new markets; a fact borne out by a survey by the Economist Intelligence Unit published this week, which found that our most competitive advantage is our accessibility to other markets,” he told the Leitrim Observer.
The report, which surveyed 315 executives, found that their multinationals have plans to create up to 20,000 new jobs in Ireland through a series of investments over the next three years, citing our competitive corporate tax regime, and uniquely talented workforce, among other things, as incentives to setting up in Ireland.
“This further demonstrates the need for a Yes vote in the up coming referendum on the Stability Treaty so that our place is further cemented in Europe. Ratification of the Treaty will ensure that we have continued access to funds available under the European Stability Mechanism, which will act as a financial insurance policy for Ireland, boosting investor confidence and allowing us to go back to the financial markets,” said Deputy Feighan.
“The decision of Indeed to open its new Europe/ Middle East/ Africa headquarters in Ireland is another signal of confidence by a foreign company in Ireland. The digital and technological sectors have been identified as having real potential for growth. The Government has targeted these sectors with enhanced supports to enable maximum jobs and growth potential.
“The Government is working assiduously to ensure that our country is never again brought to the brink and that jobs procurement will happen. A Yes vote on the Stability Treaty is the best way to do that.”