Ireland South East #1 Region for FDI Strategy for third consecutive year
The Ireland South East region has been selected as #1 Region for FDI Strategy for the third consecutive year at the Financial Times/fDi Intelligence Magazine European Regions of the Future 2023 Awards.
Chair of the Ireland South East Development Office, Patsy Carney, welcomed the news:
This fDi European Cities and Regions of the Future award for best strategy is a welcome acknowledgement that our collaborative approach is creating the ideal economic environment for our investors to thrive within.
The fDi Intelligence report complimented the South East region’s focus on transitioning to being a sustainable, green region and on its continued efforts to develop a collaborative local ecosystem that supports investment. The report stated:
“Ireland South-east continues its winning streak in the FDI strategy category for small regions, thanks to a burst of new initiatives and continued success in attracting high-quality projects. Following the opening in 2022 of the South East Technological University, the region’s development office launched a new strategy which aims to develop a wider economic ecosystem to support local investment. This focuses on encouraging entrepreneurship, green economy opportunities, clustering, and research and innovation capacity.
One of the region’s high-growth sectors is life sciences, which was boosted last year by Abbott Laboratories’ pledge to invest €440m in a new manufacturing plant in Kilkenny and hire 1000 employees.
The sustainability efforts of the region’s development office are second to none. It has supported Rosslare Europort in its €350m offshore wind plans and has identified four so-called decarbonising zones across the region to act as pilots for innovations tackling climate change. It also plans to launch a new regional energy agency to support the local transition to a low carbon economy.”
Find out more about Ireland South East’s wide range of industry and investment opportunities here