Ireland tops the world's ranking in FDI attractiveness for sixth year in a row
Ireland has been named as the destination where you get the most value for money from foreign direct investment (FDI).
Ireland has been named as the best destination in the world for attracting high-value foreign direct investment (FDI) for the sixth year in a row.
According to IBM’s 2017 Global Locations Trends report Ireland continues to lead on value coming top of a list that also includes Denmark, Singapore, the Netherlands, Hungary, Sweden, Japan, Costa Rica, Switzerland and Hong Kong.
It also added that as a whole, FDI levels increased significantly last year with the numbers of jobs created as a result rising by 10 per cent, its strongest level in a decade. In explaining what drove this change, the analysts said: “To a large extent, this was driven by strong inward investment performance among many emerging economies, as well as multiple mature markets.”
FDI companies account for 17 of the top 20 largest companies in the Dublin Enterprise Zone (DEZ); a proven world class location located in Dublin. The DEZ has all the requirements for business success with low operating costs, low rents, low commercial rates and Ireland’s corporation tax rate of 12.5%,among the lowest rates in Europe.
Image source: IBM's 2017 Global Locations Trends report