A new piece of research shows that Ireland continues to attract high levels of multi-national investment compared with other countries.
According to the new National Irish Bank/OCO Investment Performance Index, Ireland is ranked 13 out of 30 countries for attractiveness in terms of foreign direct investment. India scored highest and Poland was second, with other Asian and Eastern European nations also scoring ahead of Ireland.
The survey covers the first nine months of 2007. NIB said Ireland was among the leading western developed economies, though the period was not as strong in absolute terms as in previous years.
The report said that while Ireland had continued to win medium-sized projects, it had not yet won any 'blockbuster' projects this year.
NIB economist Dr Ronnie O'Toole said it was encouraging that Ireland was 'holding its own' despite rises in costs and the weaker dollar.