- Growing LimerickLimerick Facts & Figures
The 6th Global ‘Best to Invest Report 2014’ compiled by Site Selection revealed that Limerick is in the top ten metropolitan areas of Western Europe to invest in.
Limerick is investing over €1 billion in enterprise and investment infrastructure as part of the Limerick 2030 Vision: An Economic and Spatial Plan for Limerick.
Limerick is the main economic driver for the Midwest region, which has experienced a remarkable resurgence in recent years: unemployment has fallen to 7% and 9,500 jobs have been created since 2013. Limerick has the highest disposable income per person in Ireland outside of Dublin.
Limerick is the mid-west capital and Ireland’s third largest city with a natural hinterland of half a million people living within an hour’s drive of the city centre. A thriving region Limerick is the commercial, administrative and cultural capital of Ireland’s mid-west.
Commercial, office and residential properties are very competitively priced in Limerick in comparison to other European cities. Commercial property prices in Limerick are 30% more competitive than its rivals in Europe.
Limerick is home to 3 prestigious third level academic institutions, producing approximately 6,000 graduates per year in a variety of disciplines.
Multinational companies employ over 14,000 staff in the Mid West of Ireland. It is home to 115 IDA client companies with particular emphasis on the ICT, Life Sciences, Engineering and Content, Consumer and Business Services sectors.
Limerick is located just 25 kilometres from Shannon International Airport, which has full US customs pre clearance. Shannon Airport offers daily services to the US, UK and mainland Europe enabling a direct access to the European market of close to 800 million people.