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Sun, February 9, 2025
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Intel and Pfizer in Ireland show business is about more than Trump trade wars


Published on 2025-02-09 03:41:07 - MSN
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  • The UK Chancellor's messaging at Davos recalled former Taoiseach Enda Kenny's efforts to extol the recovery of the Irish economy while in the Swiss Alps

The article from MSN discusses how major corporations like Intel and Pfizer are significantly investing in Ireland, highlighting that business decisions are influenced by factors beyond just trade wars and political rhetoric, such as that from former President Donald Trump. Intel has committed to a $1.2 billion investment in its Leixlip campus, aiming to expand its operations in Europe, while Pfizer has invested $1.5 billion in its facilities in Ireland. These investments underscore Ireland's appeal due to its business-friendly environment, including low corporate tax rates, a skilled workforce, and its strategic position within the European Union. The article points out that despite global economic uncertainties and political tensions, companies are making long-term strategic decisions based on economic stability, infrastructure, and market access, rather than short-term political climates. This trend reflects a broader corporate strategy to diversify and strengthen their global footprints, leveraging Ireland's advantages to mitigate risks associated with geopolitical volatility.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/intel-and-pfizer-in-ireland-show-business-is-about-more-than-trump-trade-wars/ar-AA1yGfDF ]