23 July 2013

IDA Ireland to Open New Office in Beijing, China

23 July 2013 - The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, today announced the opening of a new IDA office in Beijing, which will focus particularly on attracting more investment and jobs in the financial services sector from China to Ireland. IDA already has offices in Shanghai and Shenzhen.

Minister Bruton said: “A key part of the Government’s Action Plan for Jobs is targeting key growth markets where we have the potential to deliver large increases in exports and multinational investment in the coming years. Clearly China is a key part of that, and that is why since the Taoiseach and I led a major mission here last year four Ministerial-led missions have taken place with more to come. That is also why we are delivering on our commitments on the ground, and today I am delighted to announce the opening of a third IDA office in China to focus on financial services.

“The meetings I have had today with some of the biggest financial services institutions in the world, and the agreements signed with major Chinese Government bodies show the potential that exists for investment and jobs for Ireland in this sector. I am determined that with the right decisions from Government we can help increase exports and investment in this high-growth market and create the jobs in Ireland we need”.

In line with IDA’s China Strategy, Beijing has been chosen as the location for a focus on International Financial Services. Ms Joanne Zhou has been recently appointed to the position of Head of International Financial Services, China. She will be leading the new IDA office in Beijing which is to be located in the Irish Embassy.

Source: IDA Ireland