Oireachtas Joint and Select Committees

Wednesday, 26 January 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Strategy, Targets, Achievements and Future Progress: IDA Ireland

Mr. Martin Shanahan:

It is an extraordinarily competitive international market. My colleagues and I go out every day to compete for investments that every other developed country in the world would like to locate in their countries. We are therefore competing against not only other European countries but also, in many cases, other countries globally. We therefore need to continually improve our entire offering, as I mentioned to Deputy O'Reilly earlier. All the factors that make up our proposition, whether housing, the ability to do one's business quickly in Ireland, the availability of utilities, roads and broadband, or the tax offering and other pro-enterprise policies, will be hugely important, as will talent. The availability of talent and our ability to attract it to and to retain it in Ireland will be really attractive. That means that Ireland has to be an attractive place in which to live and work. Those are the things companies are concerned about and the things that will determine whether or not we will be able to win investment.

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