Dublin dominates foreign direct investment (FDI) attention, receiving substantial government support as a primary location for multinationals. Recent data shows Dublin attracted 2,275 site visits in the last decade, starkly contrasting with Meath and Wicklow, which garnered just 34 and 29 visits. While the Industrial Development Agency reports that 55% of FDI jobs are outside Dublin, the share has decreased from 60% a decade ago. Concerns have been raised by local representatives regarding the agency's focus on promoting regional development and the need for clearer communication on investment strategies.
Dublin has attracted 2,275 site visits in the past decade, while neighbouring Meath and Wicklow only saw 34 and 29 visits respectively, indicating a significant disparity in FDI attention.
Fianna Fáil TD Malcom Byrne expressed concern about the industrial development agency's focus, highlighting the need for them to clarify why they aren't promoting regional growth.
The Industrial Development Agency claims that 55% of FDI jobs are now in companies outside of Dublin, a decrease from 60% a decade ago, showing a shift toward the capital.
Despite being one of the most expensive cities in Europe, Dublin remains the primary focus for multinational companies due to government support, overshadowing other regions.
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