1. Thursday, 20th May 2015 Presentation to Barry O’Dowd
Manager Emerging Business & New Forms of Investment
Thursday, 20th May 2015

2. IDA Ireland - Structure & Role
Government
Department of Enterprise, Jobs & Innovation
IDA Board
Overseas Offices
Sector Divisions
Regional Offices
Irish Government Agency with a mandate to secure Foreign Direct Investment into Ireland.
An autonomous body with its own Board of 12 appointed members plus IDA CEO.
Targeting long-term, sustainable investments from leading corporate investors.

3. IDA Ireland offices
Beiging
Austin

4. IDA’s New Strategy

5. Docklands - Technology Occupiers
Foreign Direct Investment in Ireland
Docklands - Technology Occupiers .

6. IDA Focus across Industry Segments
Leading MNCs
2nd Tier
High Growth Companies

7. Current Impact of FDI €8.5 billion €22.4 billion €124.5 1,195
IDA Portfolio Companies: 632 from the US
€22.4 billion
€1.4 billion
Business Expenditure on R&D
174,500
€124 billion

8. FDI led export sector plays an important role
High value exporting sector was key to supporting economy through restructuring.
Current account essentially measures whether the country is paying its way in the world, i.e. exports larger than imports.

9. Economic Growth
Irish growth forecast at 4.7% for the fastest rate in Europe
Unemployment, has now fallen for almost three years down to 10% from peak of 15.1%
Labour market has added over 95,000 jobs since end 2012
Job growth is feeding through to tax, with income tax up 9% in 2014.
Bond yields are at record lows (7-year issuance at 0.93% on January 5th)
All major agencies, Moody’s, S&P and Fitch, upgraded their rating of Irish long-term debt during 2014.
Source: CSO, NTMA

10. IDA Ireland Business Focus
Information & Communication Technologies
Global Business Services
High Value Manufacturing
Research, Development & Innovation
Life Sciences & Food
Engineering, Industrial & Clean Industries
Content Industry, Consumer & Business Services
International Financial Services

11. ICT Sector: Activities

12. Financial Services Sector Overview
80+ leading Global Banks
8 of the top 10 Global Fund Administrators
41% of World’s Hedge Funds serviced from Ireland
No.1 location in Europe for Cross Border Life Insurance
9 of the Top 20 Global Financial Technology Companies
50% of world’s commercial aircraft owned / managed from Ireland
Activities in Ireland
International Headquarters Global Transaction Services Operations Centres
Corporate Treasury Customer Support International Payments
Asset Management Fund Administration Services Aircraft Leasing
Innovation Labs Compliance & Risk Software Engineering

13. Ireland: A Home to Emerging Companies13

14. Ireland’s FDI Value Proposition

15. Corporation Tax: Rate, Regime, Reputation
Continued commitment to maintaining the 12.5% rate
Reputation:
Amending company residence rules to end to the ‘Double Irish’.
Regime:
Enhancement to Intellectual Property offering
Enhancement to R&D offering
Enhancements to income tax offering, including SARP
Increased resources for Revenue’s ‘competent authority’ function so that they can assist multinational taxpayers in transfer pricing disputes with other jurisdictions

16. Property Solutions – Key Part of Value Proposition

17. Thank you