Ireland Strategic Investment Fund commits €141m to regional investments so far in 2019

21 November 2019 - The Ireland Strategic Investment Fund (ISIF), part of the National Treasury Management Agency (NTMA), has committed €141m to regional investments so far in 2019, an investment conference in Waterford heard today.

ISIF has committed to 9 separate regional investments in 2019, encompassing investments located in counties Cavan, Cork, Kildare, Kilkenny, Limerick and Sligo. In addition, funds backed by ISIF have also completed numerous investments supporting SMEs and farms throughout Ireland.

Speaking at its market engagement event in Waterford, which is taking place today, Eugene O’Callaghan, ISIF Director, said ISIF is actively looking for new investment opportunities in the south-east and other regions as it seeks to become a champion for regional investment and grow its portfolio of investments located outside Dublin.

“Regional investments are a growing and vibrant part of our portfolio. We expect this trend to continue in 2020 and beyond in line with the new investment strategy that we launched earlier this year, which set out regional development as one of ISIF’s 5 priority themes,” he said.

“Our regional investments completed in 2019 span enabling infrastructure, urban regeneration, direct investments into growing indigenous Irish companies and fund-based investments to support SMEs and the Food & Agriculture sector. Each of these areas of investment are core to our regional investment strategy and we have pipeline regional investments across a wide range of sectors.”

ISIF’s 5 priority themes are regional development, indigenous businesses, housing, climate change and sectors adversely affected by Brexit.

Its 9 regional investments totaling €141m in 2019 are:

Today’s event in Waterford is ISIF’s third regional market engagement event this year and follows on from successful events in Cork and Sligo.

Ireland Strategic Investment Fund