Chamber Statement on Government’s Summer Economic Statement

  • Release Date: 12/07/2017
 
The American Chamber of Commerce Ireland welcomes the Government’s Summer Economic Statement. In particular the Chamber welcomes the measure to increase capital investment by €500 million in each year from 2019-2021.
 
American Chamber of Commerce CEO Mark Redmond said:
 
“The economic recovery is firmly established and now is the right time to make choices that will enhance Ireland’s international reputation and competitiveness over the medium to long term. Critical to that is boosting the productive capacity we need to protect future foreign direct investment (FDI), and solving specific infrastructure gaps to connect our cities and regions.

Another part is modernising our personal taxation system to encourage enterprise and reward productivity - benchmarked against leading competitors and one that does not disadvantage those who want to stay or come and live here. We welcome the measures in the Minister’s Summer Economic Statement as the right steps to keep Ireland as a globally competitive location of choice for business investment.” 



"The economic recovery is firmly established and now is the right time to make choices that will enhance Ireland’s international reputation and competitiveness over the medium to long term. Critical to that is boosting the productive capacity we need to protect future foreign direct investment (FDI), and solving specific infrastructure gaps to connect our cities and regions. Another part is modernising our personal taxation system to encourage enterprise and reward productivity - benchmarked against leading competitors and one that does not disadvantage those who want to stay or come and live here. We welcome the measures in the Minister’s Summer Economic Statement as the right steps to keep Ireland as a globally competitive location of choice for business investment.”