Bernard Durkan (Kildare North, Fine Gael)
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258. To ask the Minister for Jobs, Enterprise and Innovation if she has noted positive or negative investment trends associated with Brexit to date; her plans or proposals to capitalise or combat; and if she will make a statement on the matter. [39314/16]

Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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It is too soon to accurately assess the implications of Brexit on investment into Ireland. The full impact will only become apparent in time. As it stands, however, I am informed by IDA Ireland that the Agency is on track to achieve broadly similar results for 2016 as it did last year.

Planning for Brexit – and particularly its potential effects on foreign direct investment (FDI) – has long been a priority for both my Department and IDA Ireland. Before the EU-UK referendum, the Agency established a team of senior managers to examine and prepare for the impact of Brexit on FDI into Ireland. This work intensified following the referendum result in June. The IDA continues to engage with existing and prospective clients to ensure that its strategy remains fit for purpose in light of the various challenges and opportunities that Brexit may present for Ireland. I am also in regular and frequent contact with the Agency regarding its Brexit-related strategies and requirements.