American chamber says airport capacity is in danger of deterring investment

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Mark Redmond CEO of AmCham

A survey by the American Chamber of Commerce Ireland says that their biggest single concern of companies investing in Ireland is that we will reach 100pc capacity at airports and ports.

This was reported by 96pc of the respondents as a concern. Other findings of the survey:

60pc of US firms expect to increase their number of employees in their Irish operations over the next year, while 33pc expect to maintain current employee numbers.

91pc of the surveyed companies reported that their corporate headquarters have a positive view of Ireland as an investment or growth location.

Housing remains the top concern for multinational employers, with 38pc emphasizing its importance in enabling their business expansion.

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98pc said an increase in personal taxes, on high earners, would be damaging to FDI growth and investment in Ireland

Cost competitiveness and skills shortage were also mentioned as challenges.

US multinationals remain optimistic about the future of their businesses in Ireland. Infrastructure issues like housing and transportation capacity need to be addressed to maintain Ireland’s attractiveness for foreign direct investment (FDI).

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