IDA Ireland secures 179 investments in first half of 2025
IDA Ireland's mid-year results show there were 179 investments secured between January and the end of June, up from 131 over the same period last year.
The inward investment agency says the projects will lead to the creation of just over 10,000 jobs, an increase of 12% on the 8,900 jobs generated in the first half of 2024.
The IDA says balanced regional development is continuing, with 91 of the Foreign Direct Investments in the year to date in regions outside of Dublin.
The figure represents 51% of the overall number of projects secured in the first half of 2025.
Of the 179 investments between January and the end of June, 52 or 30% of the companies announced investments for the first time here.
41 of the investments are expansions from existing IDA client companies, 43 relate to research and development, while 34 are in the areas of green capital and sustainability.
Despite ongoing global uncertainty over trade and tariffs, the CEO of IDA Ireland said FDI is "holding very strong."
Michael Lohan said the mid-year results point to the country's "resilience in the face of continuing global economic uncertainty."
"Today's figures demonstrate Ireland's continued attractiveness as a trusted partner and a proven investment location, speaking to our many strengths in areas such as innovation and talent as well as our stable, pro-enterprise business landscape," the IDA CEO said.
Mr Lohan also pointed to substantial investment in critical areas such as R&D, digitalisation, sustainability and talent development.
While IDA clients pledged during the first half of the year to create 10,003 jobs, the data released today does not take into account job losses at multinationals during the period.
Michael Lohan said the agency does not "tot up the net job losses until year end" and it said it would be "premature to make any comment" at the mid-point of the year.
He said the indicators for the remainder of the year are positive, with a "strong pipeline of investments, but added that the IDA expects a softening in job creation over the coming months.
"We won't see the same level of job creation for the second half of the year," Mr Lohan said.
"That's not unusual. The first half tends to be the strongest half in terms of investment numbers. But we're still seeing a strong pull through," he added.
And he said site visits by foreign companies remain "quite strong," with the figure up 14% year on year from last year."
While the uncertainty over tariffs is creating a challenging trade environment, the IDA boss said global companies "need to make investments to serve global markets."
Michael Lohan said Ireland is a proven location, which offers "stability and clarity and certainty."
"I've consistently heard a message from large multinationals, and that is, they are international companies in nature. They require global supply chains, and they're going to continue to invest in global supply chains," he stated.
Mr Lohan said while the current discussions around tariffs and global trade is "undoubtedly" leading to some levels of uncertainty, he said the principle of international markets, international supply chain, international investment still remains.
"I think we're going to continue to see that, albeit we have to get through the current negotiations in terms of global trade," he added.
The IDA also said Ireland needs to ensure continued competitiveness across cost and regulation. The agency said the delivery of infrastructure, including housing, energy, the grid, water and transport, is critical.
The Minister for Enterprise described the IDA mid-year results as "a very strong performance."
"It's great to see that we have a very strong performance, but obviously there is very significant uncertainty around the geopolitical landscape," Peter Burke said.
He said getting a resolution to the talks on tariffs is "key for decision makers" across the economy in getting investments over the line.
In terms of the domestic challenges, Minister Burke insisted the Government was "essentially controlling the problems that we can."
"That's why we're going forward with our competitive action plan across the month of July, which will be key to ensure that our value proposition remains strong as a country," he stated.
"We have to ensure we're investing in capital expenditure and it would be critical that we get a strong performance through our national development plan review," he added.
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21 hours ago
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a day ago
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IDA Ireland secures 179 investments in first half of 2025
The number of investments into Ireland by foreign multinational companies increased by almost 37% during the first six months of the year compared to the same time in 2024. IDA Ireland's mid-year results show there were 179 investments secured between January and the end of June, up from 131 over the same period last year. The inward investment agency says the projects will lead to the creation of just over 10,000 jobs, an increase of 12% on the 8,900 jobs generated in the first half of 2024. The IDA says balanced regional development is continuing, with 91 of the Foreign Direct Investments in the year to date in regions outside of Dublin. The figure represents 51% of the overall number of projects secured in the first half of 2025. Of the 179 investments between January and the end of June, 52 or 30% of the companies announced investments for the first time here. 41 of the investments are expansions from existing IDA client companies, 43 relate to research and development, while 34 are in the areas of green capital and sustainability. Despite ongoing global uncertainty over trade and tariffs, the CEO of IDA Ireland said FDI is "holding very strong." Michael Lohan said the mid-year results point to the country's "resilience in the face of continuing global economic uncertainty." "Today's figures demonstrate Ireland's continued attractiveness as a trusted partner and a proven investment location, speaking to our many strengths in areas such as innovation and talent as well as our stable, pro-enterprise business landscape," the IDA CEO said. Mr Lohan also pointed to substantial investment in critical areas such as R&D, digitalisation, sustainability and talent development. While IDA clients pledged during the first half of the year to create 10,003 jobs, the data released today does not take into account job losses at multinationals during the period. Michael Lohan said the agency does not "tot up the net job losses until year end" and it said it would be "premature to make any comment" at the mid-point of the year. He said the indicators for the remainder of the year are positive, with a "strong pipeline of investments, but added that the IDA expects a softening in job creation over the coming months. "We won't see the same level of job creation for the second half of the year," Mr Lohan said. "That's not unusual. The first half tends to be the strongest half in terms of investment numbers. But we're still seeing a strong pull through," he added. And he said site visits by foreign companies remain "quite strong," with the figure up 14% year on year from last year." While the uncertainty over tariffs is creating a challenging trade environment, the IDA boss said global companies "need to make investments to serve global markets." Michael Lohan said Ireland is a proven location, which offers "stability and clarity and certainty." "I've consistently heard a message from large multinationals, and that is, they are international companies in nature. They require global supply chains, and they're going to continue to invest in global supply chains," he stated. Mr Lohan said while the current discussions around tariffs and global trade is "undoubtedly" leading to some levels of uncertainty, he said the principle of international markets, international supply chain, international investment still remains. "I think we're going to continue to see that, albeit we have to get through the current negotiations in terms of global trade," he added. The IDA also said Ireland needs to ensure continued competitiveness across cost and regulation. The agency said the delivery of infrastructure, including housing, energy, the grid, water and transport, is critical. The Minister for Enterprise described the IDA mid-year results as "a very strong performance." "It's great to see that we have a very strong performance, but obviously there is very significant uncertainty around the geopolitical landscape," Peter Burke said. He said getting a resolution to the talks on tariffs is "key for decision makers" across the economy in getting investments over the line. In terms of the domestic challenges, Minister Burke insisted the Government was "essentially controlling the problems that we can." "That's why we're going forward with our competitive action plan across the month of July, which will be key to ensure that our value proposition remains strong as a country," he stated. "We have to ensure we're investing in capital expenditure and it would be critical that we get a strong performance through our national development plan review," he added.
