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Thread: Bypassing the IDA: Kerry signs deal with Zhejiang

  1. #1

    Default Bypassing the IDA: Kerry signs deal with Zhejiang

    Often, we have all too much reason to criticise local councillors and county management, but for once, praise is due - County Manager Tom Curran and his delegation have just returned from China, where they have agreed an accord with the governor of Zhejiang to develop trade, educational and tourism links. The province, in the south-east of China, has a population of 54 million, so the deal is akin to doing business with a large European country.
    My political compass:
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  2. #2
    Politics.ie Member Kevin Doyle's Avatar
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    Quote Originally Posted by FloatingVoterTralee View Post
    Often, we have all too much reason to criticise local councillors and county management, but for once, praise is due - County Manager Tom Curran and his delegation have just returned from China, where they have agreed an accord with the governor of Zhejiang to develop trade, educational and tourism links. The province, in the south-east of China, has a population of 54 million, so the deal is akin to doing business with a large European country.

    Your thread title suggests securing foreign investment through the IDA is somehow compulsory or a bad thing?

    Have you a link to the details? Would be interesting to see what this deal will be worth in real terms to the local economy in Kerry.
    Last edited by Kevin Doyle; 23rd May 2013 at 08:03 PM.
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  3. #3
    Dylan2010
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    Quote Originally Posted by FloatingVoterTralee View Post
    Often, we have all too much reason to criticise local councillors and county management, but for once, praise is due - County Manager Tom Curran and his delegation have just returned from China, where they have agreed an accord with the governor of Zhejiang to develop trade, educational and tourism links. The province, in the south-east of China, has a population of 54 million, so the deal is akin to doing business with a large European country.
    why would they want a deal with Ireland then?

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    Politics.ie Member johnny365's Avatar
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    What are these links, is it bull link towns twinnings or real investment? Only time will tell, i always find it disturbing that nobody even thinks about Chinas shocking human rights record.

  5. #5

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    No, it's alluding to the fact that the IDA has been mostly directing jobs to Cork and Dublin, so initiatives like these are necessary to kickstart the economy. The article mentions that 120 Chinese students are expected at Tralee IT as a result, and that Fexco, Altobridge, Kerry Group and Dairymaster were among those involved in the negotiations with their local counterparts.
    My political compass:
    Economic Left/Right: -5.38
    Social Libertarian/Authoritarian: -5.64

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