Ireland’s economy is at its height. The country was the only EU nation to see growth in 2020 and surpassed its pre-pandemic growth with a 13.5-percent rise in 2021. Given its position, the government’s $170-billion National Development Plan is opening up a flurry of opportunities as the state aggressively updates the country’s public infrastructure and expands its robust knowledge-focused sectors.
After Brexit, Ireland is the only native English-speaking nation in EU, which further highlights the market as a prime base for multinationals and workforce acquisition. The US-Ireland relationship is deep, with more than 900 US-owned firms working within Ireland and around $344 billion in foreign direct investment outbound to the US in 2019.
The Emerald Isle’s key areas of export are aligned with the US’ high demand areas, particularly in pharmaceuticals, agro-foods, medical devices, agriculture technology, healthcare and information technology.
“Within the island, we have a very advanced digital culture, but we’re ambitious, and we want to be the most digital advanced economy in the EU.”
“We love to extend a warm welcome. What we love about US travelers is they come and want to spend quality time with us in Ireland. They know how to enjoy, explore and experience our culture.”
“IBEC is a reflection of the Irish business model itself. Our growth over the last decade has been correlated quite heavily with what's been going on with our members, and IBEC has more than doubled in scale and turnover.”
“We’re in a situation now where, in the summer of 2023, we will see capacity at around 102% of 2019 capacity.”
“The goal is to bring them to the next level, to say, well actually we need to trial innovative products, but we need to do so in a safe environment for consumers. We can choose how to do that, and we want to do that in Ireland.”
“It just goes to show, and when we're speaking to government as well, when we talk about the technology sector, we're not just talking about the tech sector, we’re talking about the entire ecosystem.”
"Across every sector there are ambitious targets. (But) we're seeing a lot of innovation by companies looking at how they can reduce carbon or move to more circular."
“The Irish whiskey industry represents 49 companies across the island. We represent all the major players and our members between them account for 99% of Irish whiskey’s global sales.”
“Our corporation tax take has been very strong, and that has enabled the government to insulate a lot of the businesses here from some of the worst effects of inflation, the war in Ukraine, and the energy crisis.”
“We have the largest media law practice in the country, with a particular specialization in film and television financing and production. There is a lot of opportunity in that area.”
“The attraction of Ireland as a hub for investment, particularly post-Brexit, has seen an increased number of internationally focused organizations looking to establish operations in and from Ireland.”
“Unlike Ireland, there are very few countries in the world, where the cow’s diet primarily consists of grass. In most countries, cows eat grain. In Ireland, we have a fantastic climate for growing grass.”
“If you’re looking to invest in Ireland, come to CPL, we can be your partner to help you scale, attract, and retain some of the very best talent that’s available in the country today.”
“We're working very hard to provide the best working environment for employees, people that have trusted us to foster a positive employment model that allows them to grow.”
"But probably the dominant factor, and what has driven the track record of success in Ireland over these last 100 years, has been talent.”
“On the US side, the reputation of the Irish is generally positive. We're very helpful to each other.”
“We're now able to assist banks with understanding their customers throughout their lifecycle in real time. This allows them to monitor how clients behave on a daily basis, and that it is in line with their business intent and risk profile.”
“IBM is probably almost as famous for its ability to transform as it is for its technology.”
“Just providing that element of state support for those businesses as well as a strong focus on infrastructure development in Cork, we are now seeing a lot of investment in public transport,..."
“It's a thrilling experience to make a bet, hope for the best, but then to actually see the product add value to customers, big and small. That's a feeling that never gets old.”
“I think it’s important that disruptive technologies are taken seriously.”