Michael Lohan
CEO, IDA Ireland
Strengthening Transatlantic Partnerships
As I reflect on the enduring strength and potential of the transatlantic partnership between Ireland, Europe and the United States, our shared history and collaborative spirit have never been more important. In this era of rapid global change, as international relations evolve to become ever-more dynamic and when even the most well-established relationships are coming under increased pressure, Ireland must work to do all it can to protect and nurture our special and unique bond with America.
Our deep historical ties to the United States combined with our position as a committed member of the European Union, places Ireland at a unique intersection of global commerce. Safeguarding the trusted bond between Ireland and the US not only secures ongoing economic growth and innovation for both our nations but also enhances Ireland’s role as a pivotal bridge connecting continents. By continuing to invest in this relationship, we will ensure that our collective future remains robust, prosperous and well-prepared for whatever lies ahead.
Transatlantic Investment: Mutual Growth & Prosperity
For decades, US multinational corporations have recognised Ireland as a location for international growth where innovation and enterprise can thrive owing to a special blend of factors that include our pro-business policies, our highly skilled, English-speaking European workforce and robust regulatory framework. Furthermore, the stable political climate in Ireland gives investors confidence in the long-term security of their operations, adding to the strength of our position as a entry point not only to a European marketplace of 450 million consumers but to global markets and supply chains.
American investment has had a transformational effect on our economy, creating high-value employment, fuelling ground-breaking innovation and driving regional development nationwide. Today over 900 US companies in Ireland employ more than 190,000 people, with countless additional jobs supported indirectly. Across the Atlantic, Irish business have firmly established themselves as key contributors to the US economy, operating in every state and making significant impact on local communities. This dynamic, reciprocal flow of investment highlights the deeply interdependent nature of our relationship – one that generates real, lasting value for individuals and businesses in both countries.
Talent & Innovation
At the heart of Ireland’s value proposition is our talent. The Irish education system, renowned for its adaptability and emphasis on critical skills produced graduates who excel in sectors ranging from technology and life sciences to financial services and advanced manufacturing. IDA Ireland works closely with its clients, universities, research institutes and partners to ensure that our workforce remains future-ready. This open and vibrant ecosystem of multinationals, indigenous companies and educators working together allows IDA Ireland client companies direct access to universities which many cite as pivotal to the calibre of talent they can access for their operations in Ireland.
Furthermore, this ecosystem which sees Ireland’s multinationals and indigenous companies supported by world-class research infrastructure serves to foster greater research collaboration and breakthrough discoveries. Indeed, innovation is central to IDA Ireland’s strategy and we are proud to host in Ireland the European headquarters of many of the world’s leading technology, pharmaceutical and financial firms – among others – who continue to choose Ireland as a hub for R&D, digital transformation and sustainable business practices.
Sustainability and the Future of Investment
The move towards an environmentally responsible economy represents both a pivotal challenge and a significant opportunity for Ireland today. The Irish government has outlined bold objectives in areas such as renewable energy generation, cutting carbon emissions, and advancing circular economy initiatives. Across a diverse range of sectors, IDA Ireland partners closely with our clients to help them achieve their sustainability goals by leveraging Ireland’s natural assets, local expertise and progressive policies.
US companies operating in Ireland are leading the charge in adopting sustainable practices, investing substantially in green technologies, energy optimisation and ethical supply chains. IDA Ireland is proud to work alongside these businesses as they pioneer solutions for a greener, more equitable future for all.
Resilience & Opportunity in a Changing World
Together we are positioned to shape a future of greater opportunity and success for all.
We are living through a period marked by profound geopolitical shifts, where established alliances and global relationships are being re-evaluated. The global economic landscape continues to face significant challenges. Geopolitical tensions, supply chain disruptions and the imperative of climate action require agile, forward-looking responses.
Ireland’s reputation for stability, adaptability and openness makes us a trusted location for US investors seeking opportunities for growth as they navigate these uncertain times. IDA Ireland is dedicated to supporting our client base of global companies – new and longstanding – as they continue to recognise and realise the investment opportunities here. Our focus remains firmly on deepening the partnerships with clients that will continue to build on the foundations of trust, innovation and shared prosperity that have defined our relationship for generations.
By enabling our clients to embrace today’s technological advancements to build resilient operations that embrace sustainability and drive the talent and skills of the future. We are committed to working with policymakers, industry and global parters to ensure that Ireland continues to offer a compelling platform for growth and innovation. Together we are positioned to shape a future of greater opportunity and success for all.
Looking Ahead: Deepening our Partnership
In the context of greater global uncertainty, we should remember the relationship between our two countries is one of historic depth, mutual respect and strategic importance. For decades, our transatlantic partnership has flourished across diplomacy, commerce, culture and innovation.
Whilst no relationship is immune to the pressures of mounting global challenges and the ever-increasingly complex international landscape, Ireland’s privileged access to the US administration and its institutions is a resource of exceptional value – one that is increasingly critical to protect and cultivate for the future.
Now, more than ever, it is essential to leverage our unique position to reinforce the relationship between our two nations, making sure it remains durable, relevant and can continue to be mutually beneficial.
As Ireland assumes the EU presidency in 2026, it presents an opportunity to further strengthen our transatlantic ties and to champion shared priorities with the United States as it celebrates its 250th anniversary. This milestone year offers both nations a moment to reaffirm their commitment to sustained collaboration, innovation and mutual prosperity on a world stage.