Written answers

Tuesday, 24 January 2023

Department of Finance

World Economic Forum

Photo of Paul MurphyPaul Murphy (Dublin South West, RISE)
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125. To ask the Minister for Finance the companies that had representatives attend the dinner he hosted in Davos last week; the matters that were discussed with these company representatives; and if he will make a statement on the matter. [3090/23]

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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As the Deputy will be aware, last week I attended the World Economic Forum where I participated in a range of high-level meetings and participated in panel discussions on the future of work and on global efforts to combat poverty. I also participated in a number of interviews with international and Irish media, with focus on promoting Ireland as a location for investment and job creation.

IDA Ireland also travels to Davos during every World Economic Forum given the extensive attendance of senior executives from international companies, many of whom have investments in Ireland or are considering same. At their request I held a series of meetings with executives and also co-hosted IDA Ireland’s annual dinner event alongside their Acting Chief Executive. The companies involved in these engagements reflected the range of sectors which IDA works with, including technology, pharma and financial services. In line with longstanding practice, the Deputy will understand that discussions with these companies (on consolidating investments, expanding them or making new investments) are necessarily conducted on a confidential basis until such time as any public announcements can be made.

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