It’s been a strong year for US FDI in Ireland and the pipeline of investment has continued to grow steadily across all sectors. But in light of the challenges ahead, like Brexit and the predicted slowdown of the global economy, the Government must deliver a confident message to the world that Ireland is open for business.
This is according to the American Chamber of Commerce Ireland, which represents Ireland’s US Foreign Direct Investment (FDI) community. Today it hosted its annual Thanksgiving lunch in the Clayton Hotel on the Burlington Road in Dublin.
An Taoiseach Leo Varadkar T.D. was the Guest of Honour at the event, where Dr. Mary Robinson was the recipient of the 2019 Distinguished Leadership Award.
AmCham calls on Government to double down on Ireland’s hard won reputation as a location of choice for inward investment.
The Government must urgently push forward with investment in infrastructure including housing, roads and broadband if the country is to maintain its status as a ‘go to’ destination for FDI after Brexit, according to the American Chamber of Commerce Ireland, which hosted a Southern Conference in UCC, Cork today.
The conference focused on innovation, collaboration and opportunities for FDI in the Munster region. Cork has thrived as a centre of excellence for Biopharma, Medtech, and more recently, Cyber Security.
At the event, American Chamber asserted that in order to consolidate the Region’s position as a leader in this space and see it through to the next phase of growth, the Government must ensure that infrastructure is not only brought up to standard but is future proofed. It highlighted that that the upgrading of road infrastructure and the provision of rural broadband are of huge importance for the area.
In light of Brexit and a predicted slowdown in the global economy, American Chamber calls for Government to deliver a confident message to the world that Ireland is open for business
With over 3,700 international operations representing 49 countries, Ohio is proving a popular location for foreign investors. According to JobsOhio, there are now over 100 Irish companies operating throughout the Buckeye State. AmCham Ireland is working with Enterprise Ireland and Ohio based organisations to grow and support new investment by Irish companies in this developing market.
Reece Smyth’s assignment to the US Embassy in Ireland comes to a close next week. Reece arrived in Ireland as Deputy Chief of Mission in late 2016. He assumed the post of Chargé d’Affaires in January 2017 and served as Chargé until the arrival of Ambassador Edward F. Crawford last month.Reece has been an outstanding representative of the USA. He has been a tireless advocate of US-Ireland relations and has travelled the length and breadth of Ireland ceaselessly during his term of office. He has immersed himself in Irish culture and community life – including learning Irish and speaking it on our national radio and television services. Read More
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