I propose to take Questions Nos. 975 and 976 together.
Regional development is a key focus of our Programme for Government and is central to the work of my Department and our enterprise development agencies. In this regard, IDA Ireland is continuing its strong commitment to regional development as one of four key strategic objectives of its 2025–2029 strategy, "Adapt Intelligently". This ambitious strategy aims to secure 550 foreign direct investment (FDI) projects outside Dublin, accounting for 55% of all planned investments (1,000) over that period.
I recently announced the results of the first year of this strategy and was impressed that 323 investments were secured by IDA Ireland during 2025. This is the highest number of investments ever, a 38% increase on 2024, These investments are expected to create over 15,300 additional jobs in the coming years, across the country, which is significant.
It is notable that these investments have come from both new and existing companies. 78 of the 323 investments, 24%, were from first time investors, highlighting Ireland’s continued attractiveness as an investment location. 68 were expansion projects against a target of 54 (126%). Both new name and expansion projects were ahead of 2024 performance, which is very positive given the prevailing international uncertainty. I was also particularly pleased that 183 investments, that is 57% of all investments went into regional locations.
As the Deputy is aware, the availability of suitable property and strategic sites is a critical component of the regional value proposition and can be the key differentiator in investment decisions in the regions from both new and existing clients as well as clients of Enterprise Ireland and the LEOs. Through its Regional Property Programme IDA aims to provide agile, sustainable, flexible property solutions providing certainty to clients in advance of demand.
The number of visits the IDA carried out with prospective companies to each county in the last 2 years is set out below. I should indicate, however, that site visits are only one measure of a company’s interest in a particular location and may not necessarily be a true measure of the overall level of FDI activity in a region or county. Additionally, potential clients visiting Ireland may visit more than one county and may return to a location more than once. The figures provided represent individual visits and are not necessarily indicative of the number of companies that have visited.
I would also remind the Deputy that the final decision on where to locate an investment is always made by the client, and not by IDA, and it can take many years to convert from initial site visit to final project proposal.
There were no virtual visits to Laois in 2024 and two physical visits, while in 2025 there were three physical and two virtual visits to the end of quarter three.
As requested, the number of sites visits by county over 2024 and to the end of Q3 2025 is detailed in the table below. I am advised that the full-year data will be available next month.
|
County
|
2024
|
Total to Q3 2025
|
|
Carlow
|
6
|
4
|
|
Cavan
|
4
|
2
|
|
Clare
|
21
|
15
|
|
Cork
|
41
|
45
|
|
Donegal
|
2
|
3
|
|
Dublin
|
221
|
197
|
|
Galway
|
34
|
30
|
|
Kerry
|
6
|
3
|
|
Kildare
|
5
|
3
|
|
Kilkenny
|
8
|
5
|
|
Laois
|
2
|
5
|
|
Leitrim
|
1
|
1
|
|
Limerick
|
38
|
25
|
|
Longford
|
2
|
2
|
|
Louth
|
7
|
8
|
|
Mayo
|
1
|
1
|
|
Meath
|
1
|
1
|
|
Monaghan
|
1
|
1
|
|
Offaly
|
5
|
4
|
|
Roscommon
|
7
|
3
|
|
Sligo
|
8
|
5
|
|
Tipperary
|
2
|
2
|
|
Waterford
|
18
|
16
|
|
Westmeath
|
18
|
17
|
|
Wexford
|
6
|
5
|
|
Wicklow
|
1
|
1
|
|
Total
|
466
|
404
|