IDA Ireland
IDA Ireland ( Industrial Development Authority ) is the Irish Development Agency. It was founded in 1949 under the then Minister for Industry and Commerce Daniel Morrissey. In the era of Lemass IDA played an important role in the progressive industrialization of Ireland. The IDA is an example for many agencies for foreign direct investment.
The main objective of the IDA is to promote foreign direct investment, and to make foreign companies and industries attention to the Irish market. Irish companies abroad, however, are represented by Enterprise Ireland. The work of the IDA aims primarily to high-quality investment, especially in the area of research, IT, high technology and financial services. Non-European companies are characterized (especially Dublin) draw Ireland as a European headquarters in consideration.
The IDA played in the 1990s an important role when Ireland was massive, the term Celtic Tiger economic boom. Also in the industrial development in the IT sector in recent years, the IDA played an important role. Almost all well-known non-European IT companies are represented by an office or its European headquarters in Ireland, for example: eBay, Google, Microsoft, PayPal, Zynga, Twitter, Yahoo and Facebook. The extent to which the economic conditions in Ireland at the respective time or the fate of the IDA for the location decision of firms tipped the scales in Ireland, remains open.
The IDA is represented worldwide by a dense network of offices. In native Ireland IDA Ireland operates its headquarters in Dublin. There are also offices in Limerick, Athlone, Sligo, Cork and Galway.
IDA Ireland currently operates on five continents Representative offices: