The three cities that comprise west Ireland's Atlantic Economic Corridor – Galway, Limerick and Shannon – are working in union to attract investment and compete with the more renowned locations of Dublin and Cork on the east coast. Jonathan Porter looks at how these aims are being achieved.
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The city of Cork in south-west Ireland has experienced success in attracting hi-tech multinationals with a mixture of innovative collaborations between academia and industry and a can-do spirit.
Building on its impressive FDI record, Ireland has set itself lofty job creation goals to be achieved via a network of 'urban gateways' – and hopes to reverse the brain drain.
London was the most attractive destination for European FDI in 2013, with more than double the number of projects as second placed Paris.
City partnerships are vital for Europe's urban centres if they are going to keep up with their developing world counterparts.
For the past 18 months, private investment promotion firm Connect Ireland has been offering financial incentives to individuals who can put the company in touch with potential investors. Michal Kaczmarski examines the early results of this innovative initiative.
It is often cited that the BRIC economies – Brazil, Russia, India and China – offer the best opportunities for growth. It would therefore follow that outward FDI flows from these countries are also expanding but only one of the so-called 'big four' appears in the top five countries in terms of outward FDI growth.
With backing from the likes of Google, Facebook and Twitter, a new initiative, Make IT in Ireland, is hoping to increase the country's profile as a high-tech hub.
A report by global tax advisory, Taxand, shows that most of the tax reforms introduced in 2012 were designed to increase government revenues rather than encourage FDI.
There has been a growing number of FDI projects in the Irish software sector since 2003, with US-based firms leading the way.
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