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Research Outline
Prepared for Paul | Delivered September 12, 2019
Atlantic Economic Corridor Ireland
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Goals
To understand growth and investment trends within the Atlantic Economic Corridor in Ireland.
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Early Findings
The 10
local authorities
in the AEC are Clare,
D
o
n
e
g
a
l
, Galway City, Galway County, Kerry,
L
e
i
t
r
i
m
, Limerick, Mayo,
R
o
s
c
o
m
m
o
n
and Sligo.
The AEC divides the region into
four
areas to focus investment and growth focus.
T
h
e
North West is home to major FDI;
G
a
l
w
a
y
and the West to major life sciences, software,
t
e
l
e
c
o
m
s
and gaming; the Mid-West to large multi-national companies; and the South West to tech, life sciences and business services.
T
h
e
IDA Ireland
gives some information about growth potential and reasons that Ireland leads in FDI. This
i
n
f
o
g
r
a
p
h
i
c
gives data about why Ireland has become a hub.
Even more data is available via this comprehensive
report
.
The IDA also publishes quarterly
reports
showing growth in the country as a whole.
The AEC website has
case studies
, but they are not especially data driven examples.
Examining the Local Enterprise Office websites for
Donegal
,
Clare
and
Limerick
showed us that all these websites are roughly similar and while they can give an insight on where the specific counties focus their efforts, no data is available on confirmed investment growth.
As a sample, we checked Limerick County's
website
to see if there any data there about economic growth. There is some data available, such as government investment in infrastructure and number of new jobs, but not necessarily a concrete 'market size' for each individual county.
Limerick's
growth sectors
are ICT, life sciences, engineering and content and consumer and business services.
Food and film
are also important sector to the county. Growth is mostly concentrated on the National Technology Base, adjacent the University of Limerick Campus and also the IDA Raheen Business Park close to Shannon International Airport.
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