Dara Calleary (Mayo, Fianna Fail) | Oireachtas source

I am concerned. I accept that we must support and build our indigenous economy but we have traditionally depended on a strong presence of foreign direct investment, which assists the indigenous economy.

Many of our more successful indigenous companies grew from initially servicing foreign direct investment companies in the State. I am somewhat concerned about the vagueness surrounding this issue. We must do more than diversify the instruments. If large-scale projects are no longer to be located in the regions, there must be more urgency in developing an alternative strategy. Will the Minister outline what will be different now? What will IDA Ireland no longer be able to do after July 2014?

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