Martin Shanahan said that employment levels via foreign direct investment had reached the highest level in the 70 years MAXWELLPHOTOGRAPHY.IEThe government authority responsible for attracting foreign direct investment into Ireland has announced record numbers for 2018, but stressed that every decision it makes is now taken with Brexit in mind. The IDA, announcing its annual results, said that employment levels via FDI had reached 229,057, the highest level in the 70 years that the agency has been in existence. It said that 58 per cent of all employment created by foreign companies was located outside Dublin, another record high. Total job gains in FDI companies in 2018 amounted to 14,040, a jump of 7 per cent compared with 3 per cent in a national context. The IDA said that the multiplier effect to the local economy from FDI was high, with eight jobs created…

Source: The Times January 04, 2019 00:01 UTC