A survey of members of the American Chamber of Commerce Ireland has found that 90% of respondents plan to increase or maintain employment numbers in Ireland over the next year.<\/p>\n
Almost half said they plan to increase employee numbers in the next 12 months, while 70% said their corporate headquarters plan to invest further in Ireland over the next five years.<\/p>\n
A third of respondents said cost competitiveness is the most important challenge for Ireland to overcome for investment and expansion, followed by housing which was cited by 27% of those surveyed.<\/p>\n
Over half of respondents said Ireland’s current energy infrastructure and security of supply is a competitive disadvantage relative to other locations.<\/p>\n
Two-thirds said they plan to increase investment in AI, automation and data analytics initiatives in the next 12 months, while 51% plan to invest in employee upskilling.<\/p>\n
Over a third said greater EU competitiveness and productivity would be the most successful outcome of Ireland\u2019s EU Presidency for their business.<\/p>\n
The American Chamber of Commerce Ireland is releasing the survey as it prepares to celebrate the 250th US Independence Day at a an event in Dublin today, which will addressed by Minister for Public Expenditure Jack Chambers.<\/p>\n
“The US-Ireland relationship has evolved into one of the world\u2019s most successful economic partnerships, built on decades of investment, innovation and collaboration,” said American Chamber of Commerce Ireland CEO Paul Sweetman.<\/p>\n
“While volatility is likely to remain a defining feature of the decade, stability, predictability and trusted partnerships will become more valuable.<\/p>\n
“Ensuring that Ireland remains competitive is critical to maintaining success.<\/p>\n
“This year, our Independence Day celebration coincides with both Ireland\u2019s EU Presidency and the United States 250th anniversary.<\/p>\n
“Through continued collaboration, I am confident that Ireland can drive on from a position of strength and the two-way transatlantic relationship will thrive,” Mr Sweetman said.<\/p>\n","protected":false},"excerpt":{"rendered":"A survey of members of the American Chamber of Commerce Ireland has found that 90% of respondents plan…\n","protected":false},"author":2,"featured_media":671144,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-671143","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/671143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=671143"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/671143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/671144"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=671143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=671143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=671143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}