Ireland remained the le ading location in Europe for foreign direct investment (FDI) on a per capita basis in 2020, but investment fell 13pc overall as Covid-19 and a Brexit tail-off slowed inflows. Ireland attracted 165 FDI projects last year, placing ninth in the European table of 48 countries, according to the EY European Attractiveness Survey 2021. Although the number of Irish FDI projects has now fallen two years in a row after the Brexit bounce of 2018, last year’s total was in line with the five- year average of 167. “Ireland has a very strong footprint in business services and there is a lot to do around reporting and regulation for sustainability. France was Europe’s top destination for FDI for the second year running, attracting 985 projects, an 18pc annual decrease.

Source: Irish Independent June 08, 2021 01:30 UTC