Tuesday January 21, 2020

IDA needs a new strategy for the new decade

There’s no denying the IDA’s achievements, but competition from similar agencies in eastern Europe, as well as international trade tensions and tax reforms, pose serious challenges for it in the coming years

12th January, 2020
Martin Shanahan

Few could argue with Martin Shanahan’s assertion last week that Ireland “stole a march” on the world 70 years ago with the establishment of the Industrial Development Authority.

Decades later, its modern incarnation, IDA Ireland, is the driving engine of the Irish economy which relies heavily on the inward investment it is tasked with attracting.

Shanahan had plenty of good news to share when reporters gathered to hear the agency’s latest annual...

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