Building partnerships: how IDA Ireland helps investors source sites of all kinds
We at IDA Ireland understand that delivering a building or land bank in isolation is not the only requirement for investors: the physical site requires a whole ecosystem around it. When a new investor comes to Ireland for initial fact-finding missions, we don’t just show the bricks-and-mortar options of where to locate; we can also bring in infrastructure providers whose expertise can carry the discussion forward and help the client to understand how their investment will be delivered. For example, a life sciences or semiconductor company’s needs are generally highly utility-intensive, so we would ensure that the appropriate energy supplier or water provider is in the room for those crucial early meetings. We also facilitate introductions to planning authorities and environmental agencies, as appropriate.
For industries like pharmaceuticals or medical devices that need rigorous adherence to strict regulatory requirements, Ireland can deliver, as proven by the presence of long-established clusters of life sciences companies: 14 of the top 15 global medtech companies and eight of the top 10 pharmaceutical companies have extensive operations in Ireland for many years. This is due in part to the strong reputation the Health Products Regulatory Authority (HPRA) enjoys, while the workforce available at the construction stage is deeply experienced in GMP (Good Manufacturing Practice) compliance.
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