IDA Ireland has said foreign direct investment here increased by almost a fifth in the first six months of the year.

In its mid-term review, IDA Ireland said it was on track to achieve its jobs and investment targets for the year.

At today's IDA briefing, the Minister for Jobs, Enterprise and Innovation, Richard Bruton, announced new investments from Belgian, Dutch and US companies which, in addition to today's announcement by Allianz will create over 300 new jobs.

Allianz Worldwide Care earlier announced a recruitment drive that will see 50 new positions created in Ireland by the international health insurer in Dublin.

Minister Bruton also said that Belgian software company, BSB, which provides software and services to the financial services industry will create 120 jobs in Dublin.

San Diego-based global biopharmaceutical company Sangart will build a new facility at Carrigtwohill, Co Cork employing 120 people once fully operational, and 125 people during construction.

And Dutch giant Wolters Kluwer is investing in research and development in its Financial Services business creating 13 new positions to join its 55 person centre in Dublin. The company is involved in regulatory compliance and risk management technology provision.

IDA Ireland said that leading new names to invest here this year include Quest Software in Cork, Amgen, the number one bio-pharmaceutical company in the world and Gilt Groupe which is establishing centres in Dublin and Limerick.

The IDA continues to target two key sectors - cloud computing and financial analytics. In the past year Ireland has secured nine cloud computing investments including Dell, EMC, HP and Microsoft and six financial analytics investments including Accenture and D&B.