by Suman Gupta
Performance 2020
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Investments continued & Foreign Direct Investment (FDI) employment grew in 2020 despite impact of COVID-19
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Over 20,000 new jobs created in 2020
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Numbers directly employed in multinational sector in Ireland grew to 257,394
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246 investments won in 2020 – 95 new name investments
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More than half (52%) of investments went to regional locations
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Net job creation of 8,944
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Higher job losses than recent years in some sectors
New Strategy
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Reflecting the ambition of the Government’s forthcoming National Economic Plan, IDA Ireland’s new Strategy 2021 – 2024 to target 800 investments and 50,000 new jobs with focus on five pillars – Growth, Transformation, Regions, Sustainability and Impact
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400 of the 800 investments objective in new strategy targeted at regional locations