Seanad debates

Thursday, 17 October 2002

Digital Hub Development Agency Bill, 2002: Second Stage.

 

The digital hub will place us in a prime position of being the most attractive destination for any technological company from around the world seeking to establish a European base. An interesting statistic from 2000, the latest year for which statistics were available, was that 27% of US greenfield investment in Europe was in Ireland. This is a staggering statistic considering the population of Ireland compared to Europe. It speaks volumes about the way we have been able to position ourselves in terms of what we provide to foreign companies which want to invest here, especially the US foreign companies which have seen us as their base or home.

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