American Chamber has excellent access to Irish and European public policy networks, opinion leaders and leading media commentators. Through participation in Working Groups and contributions to submissions for Government, the Chamber keeps Irish decision makers focussed on the factors contributing to the continued attractiveness of Ireland as a location for foreign direct investment. More about the Chamber

Events Calendar

< Back Print Email a Friend

Regional Development & Inward Investment

The Government’s National Spatial Strategy (NSS - www.irishspatialstrategy.ie) sets out the strategic framework for achieving sustainable and balanced regional development in Ireland.

Public investment under its National Development Plan (NDP - www.ndp.ie) 2000-2006 funded many significant investments in areas such as transport, housing, water services, broadband, urban renewal, and the higher education and research sectors. New investment programmes announced since the publication of the NSS, such as the Government’s 10-year Transport 21 Programme (www.transport21.ie), have also emphasised the importance of supporting regional development.

The latest NDP 2007-2013 provides for some €32.9 billion investments in transport generally. National and international access will be central to the competitiveness of the Gateways. Key priorities will be completion of the major interurban routes, the upgrade and enhancement of the public transport network, improved port and airport access and investment in key secondary and non-national roads between and within the Gateway regions.

By the end of the Plan, it is forecast that all the inter-urban routes between Dublin and the key regional Gateways will have been completed and many of the key inter-urban routes between Gateways, such as the Atlantic Corridor (Letterkenny to Waterford via Sligo, Tuam, Ennis, Limerick, Mallow and Cork), will also have been significantly upgraded.

The NDP provides for additional investment in the Shannon & Cork Airports and the continued support for the regional airports in Waterford, Kerry, Knock, Sligo and Derry will play a key role in promoting internal and external accessibility. Planned commitments to investment in the commercial ports will also be important in this regard. In addition, the roll out of Metropolitan Area Networks (MANS) in Gateways and Hubs is planned for completion and with enhanced backhaul connectivity that will deliver much improved and cost-effective broadband accessibility countrywide.

At the core of Ireland’s regional strategy is a sustained commitment to contribute to the developing knowledge economy across all regions of the country by increasing the amount and quality of inward investment. Ireland’s Industrial Development Authority (IDA) actively seeks close partnership between the third level education sector in the regions, and the work of Ireland’s Science Foundation Ireland (SFI), to raise research capabilities in Universities and Institutes of Technology, and to integrate some of this activity where appropriate with international companies. The Universities and Institutes across the island are growing their capabilities as leaders in innovative Research & Development for new technologies, products and processes through interaction with the outstanding global companies close to them.

High standard property solutions for inward investors are crucial for regional success. The partnership between Ireland’s IDA, local authorities and private developers continues to deliver a wide range of properties to a standard as high as in any international location. This partnership approach works also to ensure that the appropriate property and utility requirements are in place for some of the major investment projects which Ireland seeks to continue attracting from the key biopharmaceutical and information and communications technology sectors.

The American Chamber of Commerce has five Regional Groups in the South East, South, Mid West, West and North West. Each Regional Group is represented on the main Board of Directors through its appointed Chairperson to afford each the opportunity to feed into the policies and strategies of the organisation. Our regional groups are passionate about the growth of their locality as a base for successful enterprise. The following sections profile the attractions of locating within each of Ireland’s regional hubs.