Caroline Devlin and Diyu Wu
Arthur Cox
The draw of Ireland as a destination of choice for foreign direct investment has continued strongly throughout the last decade. Indeed Ireland has succeeded in attracting some of the world's largest organisations, and includes some of the biggest players in the worldwide technology, pharmaceutical, biosciences, manufacturing and financial services industries.
Since 1990, US corporations have invested over US$277 billion into Ireland (more than their total investment in the BRIC countries). The very same reasons and benefits that US and other multinationals' investments enjoy make Ireland equally appealing to Chinese companies seeking to expand their worldwide operations. A summary of the highlights of Ireland as an investment destination is set out below.