IDA Ireland Mission, Values and Strategy Mission IDA Ireland partners with multinational companies to win and develop foreign direct investment, providing jobs for the economic and social benefit of Ireland. Vision IDA, for the benefit of the people of Ireland, will be the best and most successful Investment Promotion and Development Agency in the world.

1. Asia Matters
Ireland China Business Summit
8 July 2015
Radisson Blu Royal Hotel, Dublin
‘The Role of Twin Cities in
Driving Business Partnerships’

2. 8 July 2015
Radisson Blu Royal Hotel, Dublin
Attracting Blue-Chip Chinese Firms
Set Up a European Base in Ireland
Eileen Sharpe
Director of High Growth Markets, IDA Ireland

3. Attracting Blue Chip Chinese Firms to
Establish a European Base in Ireland.
Eileen Sharpe, Head of Growth Markets, IDA
8 July 2015

4. 4
• IDA Ireland: Mission, Values and Strategy
• IDA Ireland and China
• What Ireland Offers Chinese Investors

5. IDA Ireland Mission,
Values and Strategy
5

6. Mission
IDA Ireland partners with
multinational companies to win and
develop foreign direct investment,
providing jobs for the economic and
social benefit of Ireland.
Vision
IDA, for the benefit of the people of
Ireland, will be the best and most
successful Investment Promotion and
Development Agency in the world.
6

7. IDA Ireland Targets
2015-2019
7
900
Investments
80,000
New Jobs
209,000
FDI
Employment by
2019

9. Austin
Beijing
IDA Ireland Overseas Offices

10. Key Sectors and Activities
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 Pharmaceuticals
 Medical Devices
 Technology
 Financial Services
 Engineering
 Food
Advanced
Manufacturing
Services
High-Growth
Companies
New Name
Clients
New Sectors
Convergence

11. Winning in the Regions
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Targets;
A minimum increase in investment of 30% to
40% in each region outside Dublin
Dublin to achieve the same high level of
investment
Supported by;
€150m property investment portfolio
Aligning IDA business sectors with regions’
strengths
Focusing on regional urban centres which can act
as key attractors of investment
Strengthening IDA’s regional footprint
Working with regional stakeholders through the
Regional Action Plan process

12. c. 1,000+ IDA Supported Companies: 153,000 Jobs
Novell
Ireland: Home to Global Players

13. IDA Ireland and China
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14. €8bn1979 9%Initial Forging Bilateral Trade 2013 Growth
Diplomatic ties between
China & Ireland
Between Ireland and China In Irish exports to China in
the past year
19Chinese Investments
In Ireland to date
2015
14

15. May 2015– Chinese Premier Li Keqiang Visits Ireland
2015
15

16. Beijing
Shanghai
Shenzhen
Chinese Office Locations
16

17. 17
Marketing Efforts
 State and Ministerial Visits
 High-Impact Marketing Visits
 Targeted Marketing Materials
 Dedicated Social Media Presence
(e.g. Sina Weibo account)
 Print Media Supplements

18. A Snap Shot of Chinese Investments in Ireland
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19. 19
ICBC
ICBC Leasing is now managing €13 billion in assets from
its International HQ in Dublin, representing roughly 135
aircraft.
Currently expanding asset classes under management to
include ships, heavy equipment and other assets
Huawei
 R&D Centres in Dublin, Cork and Athlone
 Total employment in Ireland to reach 120 by end
of 2015
Notable Chinese Investments
in Ireland

20. What Ireland Offers
Chinese Investors
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21. Ireland’s
offering to
Chinese
companies
Access to
over 500
million
customers
in Europe
English
speaking
Permit and
Visa System
in place
Young,
highly
educated,
hard
working
people
Pro Business
Government
Low
corporate
tax
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22. Favourable Tax Environment
- Particularly Strong Offering for Chinese Companies
 Current rate of 12.5% amongst the lowest in the EU
 Ireland’s extensive double taxation treaty network with treaties with 72 countries, of
which 68 are currently in force, and negotiations for new treaties are on-going with a
further 18 countries.
 Ireland has signed an excellent double taxation treaty with China
 Withholding Tax 0%
 Capital Gains Tax 0%
 Research and development tax incentives (25% Tax Credit)
 Ongoing Development of Knowledge Development Box

23. IDA Support Offered To Client Companies
R&D Grant Aid
(c.10 - 20%)
Employment
Grant Aid
R&D Tax Credit
(25%)
Property &
Office Solutions
Introductions to
Universities &
Research Centre
Introduction to
Peers & Other
Companies
Continuous
"After Care”
support
Assistance with
VISA’s / Work
Permits
Ireland voted as ‘best country for business’ - *Forbes 2013*
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24. Thank You
谢谢
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