Oireachtas Joint and Select Committees

Thursday, 12 February 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013

10:00 am

Mr. Martin Shanahan:

I will ask Mr. Sherry or Ms Sinnamon to comment. There is very close co-operation between the IDA and Enterprise Ireland on all manner of things. We work very closely together across the board wherever it makes sense in terms of enterprise development. There is a very close working relationship when it comes to trade and investment missions wherever our objectives are aligned. Enterprise Ireland is involved in ensuring that Irish exporters can export overseas.

We are trying to attract investment. The locations for both are not always exactly aligned, but where it makes sense we operate joint trade and investment missions. Where it makes sense we have the Ireland house concept. Where there are embassies and consulates Enterprise Ireland and the IDA are co-located. An innovation in recent times has been the development of the export trade council which brings together all of the players around the table, including the private sector, to discuss how that operates. There are local market plans which the ambassador, together with our representatives in Enterprise Ireland and the IDA, develop each year. Ms Sinnamon or Mr. Sherry may wish to comment.