Written answers

Tuesday, 7 February 2017

Department of Jobs, Enterprise and Innovation

Foreign Direct Investment

Photo of John LahartJohn Lahart (Dublin South West, Fianna Fail)
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672. To ask the Minister for Jobs, Enterprise and Innovation to outline the measures she has taken in co-ordinating the four Dublin local authorities to prepare Dublin for a post-Brexit situation and to maximise Dublin as a destination for foreign direct investment. [5354/17]

Photo of Mary Mitchell O'ConnorMary Mitchell O'Connor (Dún Laoghaire, Fine Gael)
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My responsibility, as Minister for Jobs, Enterprise and Innovation, is on ensuring that Ireland as a whole is best placed to capitalise on whatever foreign direct investment (FDI) opportunities may emerge on account of Brexit. That is why I secured significant additional funding for IDA Ireland to help the Agency better respond to the challenges and opportunities Brexit may present for each and every county of Ireland. I also regularly engage with the IDA about its Brexit-related requirements and other issues in connection with securing new investment for Ireland.

I am confident that Dublin is particularly well-placed to benefit from any increased FDI that could result from Brexit. The capital's proximity to the UK, together with its transport links, clusters of overseas companies and global reputation as a leading FDI city, make it an appealing destination for investors.

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