“The Importance of Asia to Ireland’s FDI Agenda” Eileen Sharpe, Director of Growth Markets, IDA Ireland speaking at the Asia Ireland Trade & Investment Summit

1. ASIA BUSINESS WEEK DUBLIN
Asia Ireland Trade and Investment Summit
5 June 2014
The Importance of Asia to Ireland’s FDI agenda
Eileen Sharpe,
Director of Growth Markets, IDA Ireland

2. The Importance of Asia to Ireland’s
FDI agenda
Eileen Sharpe June 4 2014

3. Agenda
3
IDA Ireland – role and business focus;
Economic impact of FDI;
Asian FDI underlying drivers;
Existing companies impact

4. IDA Ireland
Role:
• To attract foreign direct investment (FDI)
• To create valuable and sustainable
employment in Ireland
• To offer a full suite of practical and financial
supports to multinational companies
• To build on our existing base of 1,000+
clients who today employ c. 160,000 people
in Ireland
Prime Minister
Minister for Jobs, Enterprise &
Innovation
IDA Board
273 staff globally
Overseas Offices
Regional Offices
Sectoral Divisions

5. IDA Business Focus
Information
Communication
Technology
Life Sciences
Engineering,
Industrial & Clean
Industries
Content Industry,
Consumer & Business
Services
Global Business
Services
High Value
Manufacturing
Research,
Development &
Innovation
International
Financial Services

6. Current Impact of FDI
IDA Portfolio
Companies: 515 from
the US
166,000 / 280,000
Impact
1,050
Two thirds
Business Expenditure on
R&D
€8 billion
€121
€21 billion

7. IDA focus across industry segments
Leading MNCs
2nd Tier
High Growth Companies

8. FDI sources and destination

9. IDA Ireland Overseas Offices

10. Asian Investment - Underlying Drivers
Track Record
Natural Resources
Market accessAsian Diaspora
TechnologyBrand acquisition
Familiarity & ease of doing
business

11. China negotiated contract to rent 5% of Ukraine
2013
Sectors that China Invests In

12. No. 1 Sector for Investment: Energy & Power
Almost 50% of the money invested overseas
by China and Chinese companies in the past
nine years went into the energy and power
sector.
China's demand for
energy is expected to
triple by 2030 so
countries with abundant
natural resources will
continue to attract the
most money from China.
Sectors that China Invests In

13. China Ocean Shipping continues operating Greek port of
Piraeus
2009 - 2044
Piraeus services over 20 million
passengers per annum
Sectors that China Invests In

14. 14
Japanese companies in Ireland include

15. 15
Chinese companies in Ireland include

16. 16
Indian and Korean companies in Ireland include

17. Australian Companies in Ireland-
Employing almost 1,000 people
17

18. "The 19th century
belonged to England,
the 20th century
belonged to the U.S.,
and the 21st century
belongs to China. Invest
accordingly.”Warren Buffett

19. To learn more log on to idaireland.com
+353 1 603 4000
idaireland@ida.ie