IDA battens down the hatches in face of Covid-19

The foreign direct investment agency has said it will focus on nurturing existing clients rather than seek new investors

Aiden Corkery

Political Correspondent @aiden_corkery
1st November, 2020
IDA battens down the hatches in face of Covid-19
IDA Ireland has said its main focus at present is on protecting and growing jobs within its existing portfolio of client companies rather than seeking new investment due to Covid-19

IDA Ireland has said its main focus at present is on protecting and growing jobs within its existing portfolio of client companies rather than seeking new investment due to Covid-19.

The agency, which promotes foreign direct investment in Ireland, had organised 120 visits by potential investors to sites around the country before the coronavirus pandemic began to spread in Ireland in March.

Since then, all in-person visits have stopped but the agency has organised 39 “e-site...

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