INFO AGENDA
IDA IRELAND MID-YEAR PERFORMANCE HIGHLIGHTS
IDA Ireland reported a very strong H1 2018 with investments up on the H1 2017 figures. In the first six months of 2018, 139 new projects were confirmed, creating 11,300 new jobs. Of those 139 projects, 51 are in the regions, with strong performances from the technology, financial services and pharmaceuticals sectors. Minister for Business, Enterprise and Innovation, Heather Humphreys TD said: “I would like to commend the IDA for what has been an incredibly productive year so far for foreign direct investment. They have demonstrated a remarkable ability to reorganise and adapt themselves in response to challenges such as Brexit. With over 40 Brexit-related investments won since 2016 and strong investment flows from the Asia-Pacific region, the pipeline for FDI in Ireland remains very strong indeed.”
A first look at new job announcements, research projects, global rankings and ongoing innovation in Ireland.
Minister for Business, Enterprise and Innovation, Heather Humphreys TD
Chain (bio)reaction WuXi Biologics, a Hong Kong-listed (
2269.HK) global open-access biologics technology platform company, is to invest €325 million and create 400 new jobs over five years in a new biologics drug substance manufacturing facility on IDA Ireland’s greenfield site in Mullagharlin in Dundalk, Co Louth. A total of 48,000L fed-batch and 6,000L perfusion bioreactor capacity will be installed, representing the world’s largest facility using single-use bioreactors. The manufacturing project, in a 26-hectare campus, will be the company’s first site outside of China. An Taoiseach Leo Varadkar said: “This is the start of something special. We will see the Factory of the Future, right here in Dundalk.”
wuxibiologics.com
@LEOFingal Ireland has the potential to be a “centre of excellence” in #blockchain > @BlockIreland (Blockchain Ireland) has been set up by the @IDAIRELAND to promote the industry & connect those working in the sector
2 INNOVATION IRELAN REVIEW
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