Foreign Direct Investment – Continued Opportunity or Growing Challenge?

Maintaining competitiveness is vital for a highly open economy such as Ireland’s. In his first public address since stepping down as CEO of IDA Ireland, Martin Shanahan discusses Ireland’s current environment as a location in which to do business and its future outlook. He also discusses key trends in global foreign direct investment, and the opportunities and threats these trends present for the Irish economy and Ireland’s economic model. About the Speaker: Martin Shanahan joined Grant Thornton as Partner and Head of Industry and Foreign Direct Investment (FDI) in June 2023. Prior to that he was CEO of IDA Ireland for almost a decade, leading a large expansion in investment, employment, and economic impact from the FDI sector in Ireland during that period. From 2010 to 2014, Martin was CEO of Forfás, the Irish Government’s policy advisory board for enterprise, trade, science, technology, and innovation. He has been to the forefront of the development of enterprise, innovation, and labour market policy in Ireland, including leading at official level, the development of the Irish Government’s Action Plan for Jobs after the global financial crisis.