While pinpointing potentially 40,000 foreign direct investment (FDI) jobs between now and 2020, the Irish Government has stated the 12.5pc corporation tax rate will remain a central part of its investment strategy.
Dublin: 30.07.2014 02.14PM
Ireland has been named as one of the top 5 locations in the world for business services investments – an area that touches on foreign direct investments in the areas of IT, financial services, customer care, software-as-a-service, cloud computing and server farm solutions.
Locations4business.com said that Ireland along with Iceland, Malta, Spain and Egypt were countries that put considerable effort into promoting themselves as ideal places to relocate BPO (business process outsourcing) and managed services companies.
It listed the five locations as primed to deliver return on investment and value for money for investors.
“Ireland has long enjoyed a reputation as the go-to outsourcing and IT location in Europe,” the report said.
“While the economic downturn has hit Ireland hard, and many of the IT workers who flocked to Ireland during its boom times have departed, Ireland remains a solid, if unexpected, given the circumstances, choice for IT outsourcing and BPO solutions.
“Ireland's IT reputation is well-deserved, and it has the infrastructure, training, facilities - and bright, available, uniquely skilled workforce required - available now more than ever.”