Dáil debates

Thursday, 10 July 2014

Ceisteanna - Questions - Priority Questions

Enterprise Ireland Funding

9:40 am

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein) | Oireachtas source

Foreign direct investment is good and my party welcomes it. The Government must do all it can to ensure we will continue to win high levels of it. However, over-dependence on it is a major source of concern, especially when it is based on a small number of factors such as the bargain basement corporation tax rate used by the State. A number of years ago a senior adviser to US President Barack Obama stated we had an over-dependence on foreign direct investment. I am asking what the Government will do to bring to an end that over-dependence.

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