Government Target 42,000 FDI Jobs

  • Release Date: 12/11/2015

The American Chamber of Commerce Ireland has welcomed the ambition of the Government's new Enterprise strategy, which aims for Ireland to win 900 new FDI projects and 42,000 jobs by 2020.

Mark Redmond, Chief Executive of the American Chamber said "This new plan is ambitious and innovative and is a positive contribution to building upon Ireland's economic recovery. The commitment to increasing spending on R&D to 2.5% of GNP by 2020 is a step in the right direction towards the target of 3% of GDP by 2025, which has been recommended by the American Chamber. Achieving a global leadership position in RDI will future-proof the Irish economy against global competition for investment.

"For Ireland to continue to succeed in winning investment and building indigenous industry it will require a long term effort to attract and retain talented people. The objective within this strategy to focus the skills, creativity and adaptability required in the 21st century workplace will help futureproof Ireland. The focus on regional potential and developing attractive places to invest, live and work throughout Ireland will further enhance the offering of the country for FDI.

"We look forward to working with Government and the enterprise agencies to help realise the objectives contained within this plan."