IDA Ireland is the national agency responsible for attracting foreign direct investment (FDI) to Ireland. Founded in 1949, IDA Ireland assists overseas companies in establishing and expanding their operations in Ireland. It provides strategic support, assistance, and incentives to these companies, playing a vital role in Ireland's economic development.
The primary objective of IDA Ireland is to promote and attract foreign investment, particularly from multinational corporations, to enhance Ireland's competitiveness, create high-quality employment opportunities, and foster economic growth. To achieve this, IDA Ireland engages in targeted marketing campaigns, leveraging Ireland's highly skilled workforce, business-friendly environment, favorable tax regime, and well-developed infrastructure to attract investment across a range of sectors.
IDA Ireland offers a range of support services to client companies, including assistance with site selection, access to networks and industry clusters, help with recruitment and training, and liaison with relevant government departments. Through these services, it aims to ensure a smooth and seamless setup and expansion process for foreign companies in Ireland.
In addition to attracting FDI, IDA Ireland is also actively involved in promoting Ireland's indigenous businesses and assisting them in their international growth strategies. It collaborates with various stakeholders, both domestically and internationally, to drive innovation, research and development, and commercialization of products and services.
Overall, IDA Ireland acts as a catalyst for foreign investment and industrial development in Ireland, contributing significantly to the country's economy and positioning Ireland as a leading global location for investment and business.
