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Ireland is best to invest in W Europe

Wednesday, May 07 12:46:39

Ireland is the best location in which to invest in Western Europe while Dublin and Limerick both make the top ten cities, according to the Global Best to Invest report from Site Selection publication.

The UK comes in second place with the Netherlands in third.

"Capital investors only invest where they are confident they will earn a meaningful return, and these locations deliver that confidence," the report said.

Looking at the best cities to invest in, it found Dublin ranked third behind Barcelona and Birmingham with Limerick ranking ninth, just below Athens.

Fifty percent of the national Best to Invest rankings were based on growth in new facilities, capital investment and job creation using data from Conway Data's New Plant database and from IBM-PLI's database of new projects for calendar years 2012 and 2013. Each country was ranked on the total number of projects, investment and jobs created both as raw value and as a per capita value.

The other 50 percent of the ranking was based on the Location Rank and Competitiveness Score resident in LocationSelector.com's proprietary database using these factors: business costs, economic strength, infrastructure; regulatory burden; and tax rates. Additional bonus points were given to those countries that were ranked among the top 50 destination countries by jobs created as identified in IBM's Global Locations Trends Report.

Fifty percent of the Best to Invest metro rankings were based on growth in new facilities, capital investment and job creation using data from Conway Data's New Plant database and from IBM-PLI's database of new projects for calendar years 2012 and 2013.

The other 50 percent was based on the Location Rank and Competitiveness Score using LocationSelector.com's proprietary database using these factors: economic strength and infrastructure (physical capital).