The European Investment Bank has played a key role in supporting Ireland’s economic recovery in recent years and unlocking new investment across the country for the last 4 decades. It is essential that experience gained from tackling investment challenges elsewhere in Europe can be shared to continue to strengthen sustainable investment in Ireland. The new Dublin office will ensure that formal and informal links between Irish authorities and private sector partners build on this track record to ensure that opportunities to broaden EIB engagement are not lost” said Andrew McDowell, European Investment Bank Vice President.

VP McDowell was speaking at a European Commission Representation event focused on investment in Ireland's infrastructure (#EUInvestIRL) using the so-called Juncker investment fund. This fund uses Commission guarantees and EIB services to leverage funds from the international finance markets for difficult infrastructure projects in EU Member States. Minister Paschal Donohoe TD also spoke at the event which had an audience of business representatives and government officials from a number of sectors.