While Limerick is a long established and proven location for international business, it is also Ireland’s most future focused city, committed to innovation and economic growth.
Located on the western periphery of Europe, just 20 minutes from Shannon Airport – an international airport with daily services to the UK, Europe and the US - Limerick is Ireland’s third largest city, attracting a pool of young, energetic and talented people, which makes it an increasingly competitive location for both domestic and foreign business. Limerick features some unique advantages and benefits, including:
Urban Revitalisation and City Centre Transformation
In addition to the Limerick 2030 strategic sites, major public realm improvement programmes and economic development initiatives including the O’Connell Street redevelopment, the proposed Foot Bridge project, Limerick Innovation Hub and Digital District along with other developments by key stakeholders including Shannon Foynes Port Company, University of Limerick and Limerick Institute of Technology are ensuring and securing a future oriented, sustainable environment for jobs growth and economic development.
Situated just 20 minutes from Shannon International Airport with daily connectivity to the UK, the US and Europe, Limerick is also within 2 hours drive of Dublin and Ireland’s other key urban centres, Cork and Galway, reflecting its easy accessibility.
Limerick is an English speaking location which easily enables it to meet the needs of a wide range of businesses across multiple international time zones. Some 118 overseas companies (mainly ICT, Financial Services and Life Sciences) employ c 14,000 people in the Limerick region. Nine of the top 10 pharma companies globally are located within two hours drive of the city, while 19 of the top 25 medical devices companies are located within 90 minutes.
Since 2013 and the launch of the Limerick 2030: An Economic and Spatial Plan for Limerick, over 7,800 jobs have been created in Limerick. Close to 5,400 of these are full time jobs across various sectors include financial services, retail, med-tech, IT, while the remainder are construction jobs.
Three major Institutions of Higher Education, a well educated, talented and skilled workforce along with a high level of labour availability, make Limerick an attractive location for establishing business.
Better Value Commercial Premises
Commercial, office and residential properties are competitively priced in comparison with other European cities.