Tuesday August 11, 2020

FDI reaches all-time high

With existing multinationals growing their operations in Cork, they are sending out a positive message to potential investors, writes Ruth Wildgust

26th June, 2016
Ray O'Connor, south-west regional manager, IDA Ireland Picture: Provision

Cork has seen consistent growth in foreign direct investment (FDI) over the past six years, with the highest ever increase in employment by multinational companies recorded last year.

“Cork is enjoying a very positive time with strong investment by FDI in both job creation and investment across both city and county,” said Ray O’Connor, IDA Ireland’s regional manager for the south-west region.

“There are now more people employed in...

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