Catherine Murphy (Kildare North, Social Democrats)
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212. To ask the Minister for Enterprise, Trade and Employment if IDA Ireland plans to open an office in Italy. [50941/23]

Simon Coveney (Cork South Central, Fine Gael)
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One of the aims of the Growth pillar of IDA Ireland’s current strategy "Driving Recovery and Sustainable Growth, 2021-2024", is to diversify its source markets for investment to enhance resilience of Foreign Direct Investment (FDI) in Ireland. In this regard, IDA Ireland’s Growth Markets team continues to build awareness of Ireland’s value proposition in locations with significant potential as FDI source markets.

IDA Ireland has 20 overseas offices. IDA Ireland’s European office footprint includes offices in Paris, Frankfurt and London. FDI investment originating from Italy is managed from both the Frankfurt and Paris offices. There are no plans to open an office in Italy at present.