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Outgoing IDA chief Martin Shanahan believes global investment is about to slow, but Irish FDI will remain firm

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Martin Shanahan. Photo: Steve Humpreys

Martin Shanahan. Photo: Steve Humpreys

Martin Shanahan. Photo: Steve Humpreys

Martin Shanahan, the outgoing chief executive of foreign direct investment agency IDA, has said the agency’s FDI pipeline remains strong, despite warnings that investment may fall globally.

Last week, the IDA published its annual report for 2021 and reported a record set of half-year results. In the first six months of the year, some 155 investments had been approved by the IDA board, up 9pc on last year and 10pc ahead of pre-pandemic 2019. The investments have over 18,000 jobs associated with them.


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