150 Irish exporters and 75 MNCs taking part in trade and investment mission in Ireland
A two-day trade and investment mission aimed at connecting Irish companies with procurement teams in Irish-based multinational organisations kicks off this morning.
The mission, which is being led by Minister for Jobs, Enterprise and Innovation, Richard Bruton, will travel to Dublin, Cork, Galway and Limerick over the course of the two days.
Jointly organised by Enterprise Ireland and IDA Ireland and the first of its kind in Ireland, the mission is intended to maximise procurement opportunities for Irish companies with Ireland-based multinational companies.
Over the two days, more than 300 one-to-one meetings will take place between 150 indigenous Irish companies and 75 multinationals. These meetings are designed to give Irish companies an opportunity to engage directly with procurement teams from multinational companies across a wide range of sectors. The main sectors being targeted are ICT, Web 2.0, pharma, biotech, medical devices and engineering.
Supplier development programmes and workshops will also take place, while opportunities in public procurement will also be highlighted through the Office of Government Procurement.
“Since taking office I have gone on dozens of trade missions with Irish businesses to countries around the world, seeking to put them in contact with large companies and Government organisations,” said Minister Bruton. “The thinking behind the ‘trade mission in Ireland’ is that we can put the same model to great use in Ireland. I am convinced that real tangible results, in terms of extra sales and expansion opportunities for Irish companies, can come out of this initiative”.
“This trade mission is about helping Irish companies to win more business from foreign-owned multinationals based in Ireland,” said Julie Sinnamon, CEO, Enterprise Ireland, who is accompanying Minister Bruton on the mission over the next two days. “We hope to drive business flow towards Irish companies, as key suppliers, by leveraging off the existing, strong relationships that IDA Ireland have with these MNCs.
“Most of the Irish companies participating on this mission already have a successful track record of servicing international buyers across the globe, so it is appropriate and obvious that they should be able to adequately meet the needs of those MNCs in Ireland.”
“Multinational companies deliver huge economic benefits to Ireland in terms of direct employment, capital spend and developing Ireland’s skill base,” said IDA Ireland CEO, Martin Shanahan. “As part of this mission, we will be introducing our clients to Irish-based suppliers to see if there are areas where they can further co-operate and do business.”