On 18th May, Fine Grain Property was the proud sponsor of a business lunch hosted by the Shannon Chamber of Commerce at Dromoland Castle Hotel & Country Estate, and which featured guest speaker Martin D. Shanahan, CEO of IDA Ireland.
Martin Shanahan addressed a room of 138 attendees from educational institutions and businesses from across the Mid-West Region.
Mr Shanahan expressed his view is that despite an unprecedented amount of change experienced in the past two years linked to the United Kingdom exiting the EU, a global pandemic, considerable geopolitical uncertainly, changes in global corporate tax regimes, inflationary pressures and supply chain issues, Ireland has continued to win a significant amount of foreign direct investment (FDI) and companies already operating from Ireland have not missed a beat.
Mr Shanahan stated that Ireland increased its market share of FDI coming into Europe during the pandemic, largely due to the sectors IDA Ireland has targeted over many years – technology, pharma, medical devices, international financial services, business services, engineering, and food.
“Investing energies into sectors that underpin a modern economy has proved to be the right decision. Ireland ranked seventh in Europe for announced projects in 2021, an astonishing good performance for a country of Ireland’s size,” Mr Shanahan stated.
“Driving regional investment is a core part of IDA strategy and in line with the Government’s overall regional plans,” Mr Shanahan said.
With eighty per cent of Fine Grain’s locations outside Dublin, very much in line with the strategy for regional development, and planning permission secured for an additional 300,000 sq. ft. of space at Westpark, Colin MacDonald (Fine Grain Property CEO) said that operational environment for the enterprises of the future must enable innovation, facilitate social interaction, and be sustainably built.
To read the full event report, click here.