Question

Do other countries want to invest in Ireland? Write at least 2 paragraphs including citations.

Answer 1

Ireland is a much sought after place for business. IDA ie industrial development agency in Ireland is instrumental in attracting foreign investment in Ireland.The environment in which varied talent survive leads to success in businesses.This is particularly true with young generation , women , minority group who enjoy working in diverse work envirnment.Major tech companies have their European headquarters in Ireland .They are companies like facebook, Paypal , Microsoft etc.This has made possible international talent to combine with domestic work force.Ireland gives companies certainty as it is a stable as well as pro enterprise country. It has consistent and competitive taxation policy.  A large number of companies use Ireland to take advantage of the European market.The geographical location of the country gives access to easy shipping and travel throughout Europe and across the Atlantic and to other places too.IDA focused on job creation and economic and regional development.

Ireland is aplace loved by all with no prejudice.Not only tech but certain other sectors like pharma, bilogics, engineering ,food are developing in the country.Ireland being a productive country attracts talent by offering good salaries.Some of India's best companies like Infosys, Tech Mahindra,Wipro,TCS have their operation as well as research centers in Ireland.Easy to do business environment as well as favorable taxation policy is attracting businesses.

To quote research from Mckinsey , Forbes ,and others have demonstrated companies in the top quartile at executive level were 21%to 33%more likely to have above average profitability.