The Irish economy has turned full circle over the last 10 years, from the failing Celtic Tiger in the aftermath of the global economic crisis, to one of the fastest growing global economies – particularly in the STEM sectors.
The life sciences and medical devices industries, in particular, are to the forefront of this growth and recently published information by the IDA in Ireland highlight this phenomenal growth. The government industrial strategy, ranging from a favourable tax regime to investment in third level education and training, grants and support for capital investment has helped encourage many of the global pharmaceutical and medical device companies to set up large operations in Ireland.
This has opened up opportunities for scientific and engineering professionals both on permanent and contract basis and with the finite number of local candidates for positions, Ireland is becoming the place to work for EU STEM professionals.
The facts at a glance
- 24 out of 25 of the world’s top pharma and biopharma companies have a presence in Ireland
- 18/25 of the worlds top medtech companies have a presence in Ireland
- Government commitment of 8 billion euros to research funding
- Ireland is the 7th largest exporter of medicinal and pharmaceutical products in the world, resulting in 39 billion euros of annual pharma, bio and chemistry exports
Ireland has the advantage of ever improving transport links, an excellent education system and relatively affordable accommodation, with an ever-increasing number of exciting opportunities which offering excellent remuneration packages make it the place to work in 2019.
If you would like to know more about the opportunities available within the STEM sectors in Ireland contact email@example.com
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Stats taken from IDA Ireland Statistics