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Ireland 1st in attracting FDI
Thursday, 31st May 2012 08.02am

Ireland ranks first in the world in a number key areas in attracting foreign investment according the IMD World Comptetitiveness Yearbook.

The IDA welcomed the news which pinpoints Ireland's skill base as a key factor in attracting inward investment.

Ireland ranks first for availability of skilled labour, first for flexibility and adaptability of workforce, first for investment incentives and first for attitudes towards globalisation.

In other areas the country ranks second for business legislation - openness to foreign investors and fourth for the corporate tax rate on profit and real corporate taxes.

Another survey, the 2012 Talent Shortage Survey ranked Ireland as the global leader for the availability of skills and the least difficult location, globally in which to fill talent.

Barry O'Leary, CEO of IDA Ireland welcomed the findings saying that "the fact that Ireland continues to lead the way in availability of skilled labour adds significantly to our reputation as a host for FDI and the outlook for maintaining this position in the future remains positive."

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