Shannon Development (legally the
Shannon Free Airport Development Company Limited http://www.shannondevelopment.ie/AboutUs/LegalEntity/) is an important regional development body for the Shannon Region of the
Republic of IrelandIreland is a country in north-western Europe. The modern sovereign state occupies about five-sixths of the island of Ireland, which was partitioned on 3 May 1921. It is a parliamentary democracy and a republic...
and encompases counties
ClareCounty Clare commonly referred to as simply Clare, is a county of Ireland and part of the wider province of Munster. Clare is one of the 26 counties within the Republic of Ireland and it provides a basis for local government, in the form of its own constituency within the Dáil Éireann...
,
LimerickCounty Limerick is one of the traditional counties of Ireland and is located within the province of Munster. It was named after the city of Limerick ....
, and parts of
KerryCounty Kerry is one of the traditional counties of Ireland. It is located within the province of Munster. Kerry is the fifth largest of Ireland’s 32 counties in area and 14th largest in terms of population...
,
OffalyCounty Offaly is one of the traditional counties of Ireland and is located within the province of Leinster. It was named after the of Kingdom of Uí Failghe. Offaly is the 18th largest of Ireland’s 32 counties in area and 23rd largest in terms of population...
and
TipperaryCounty Tipperary is one of the traditional Counties of Ireland. It is located in the province of Munster. It was named after the town of Tipperary .Tipperary is the sixth largest of Ireland’s 32 counties in area and 11th largest in terms of population...
.
Shannon Development works with, but is not an agency of
ForfásForfás is the national policy advisory board for enterprise, trade, science, technology and innovation in the Republic of Ireland. The agency was established in January 1994 under the and is run by a board appointed by the Minister for Enterprise, Trade and Employment, to whom the agency is...
.
Shannon Development was set up as Shannon Free Airport Development Company by the
Irish GovernmentThe Government of Ireland is the cabinet that exercises executive authority in Ireland. The Government is headed by a prime minister called the Taoiseach, and a deputy prime minister called the Tánaiste. The Taoiseach is appointed by the President after being designated by Dáil Éireann...
in
1959-Events:*January 7 - Dáil Éireann debates a motion that Éamon de Valera's position as controlling director of the Irish Press could be regarded as incompatible with his duties as Taoiseach....
to promote the airport and region.
Shannon Development (legally the
Shannon Free Airport Development Company Limited http://www.shannondevelopment.ie/AboutUs/LegalEntity/) is an important regional development body for the Shannon Region of the
Republic of IrelandIreland is a country in north-western Europe. The modern sovereign state occupies about five-sixths of the island of Ireland, which was partitioned on 3 May 1921. It is a parliamentary democracy and a republic...
and encompases counties
ClareCounty Clare commonly referred to as simply Clare, is a county of Ireland and part of the wider province of Munster. Clare is one of the 26 counties within the Republic of Ireland and it provides a basis for local government, in the form of its own constituency within the Dáil Éireann...
,
LimerickCounty Limerick is one of the traditional counties of Ireland and is located within the province of Munster. It was named after the city of Limerick ....
, and parts of
KerryCounty Kerry is one of the traditional counties of Ireland. It is located within the province of Munster. Kerry is the fifth largest of Ireland’s 32 counties in area and 14th largest in terms of population...
,
OffalyCounty Offaly is one of the traditional counties of Ireland and is located within the province of Leinster. It was named after the of Kingdom of Uí Failghe. Offaly is the 18th largest of Ireland’s 32 counties in area and 23rd largest in terms of population...
and
TipperaryCounty Tipperary is one of the traditional Counties of Ireland. It is located in the province of Munster. It was named after the town of Tipperary .Tipperary is the sixth largest of Ireland’s 32 counties in area and 11th largest in terms of population...
.
Shannon Development works with, but is not an agency of
ForfásForfás is the national policy advisory board for enterprise, trade, science, technology and innovation in the Republic of Ireland. The agency was established in January 1994 under the and is run by a board appointed by the Minister for Enterprise, Trade and Employment, to whom the agency is...
.
Responsibility
Shannon Development was set up as Shannon Free Airport Development Company by the
Irish GovernmentThe Government of Ireland is the cabinet that exercises executive authority in Ireland. The Government is headed by a prime minister called the Taoiseach, and a deputy prime minister called the Tánaiste. The Taoiseach is appointed by the President after being designated by Dáil Éireann...
in
1959-Events:*January 7 - Dáil Éireann debates a motion that Éamon de Valera's position as controlling director of the Irish Press could be regarded as incompatible with his duties as Taoiseach....
to promote the airport and region.
Shannon AirportShannon Airport is one of Ireland's three primary airports . It is the third busiest airport in the Republic of Ireland and the fourth busiest on the island of Ireland, with 3.1 million passengers in 2008...
was built at a strategic point on the early transatlantic flying route, but with the age of the jet, its fortunes declined, in 1969 Aer Rianta took responsibility of the airport.
Shannon Development is responsible for a number of areas of development of the region including tourism and industry similar to
IDA IrelandIDA Ireland is the agency responsible for industrial development in Ireland. The agency was founded in 1949 as the Industrial Development Authority and placed on a statutory footing a year later. During the Lemass Era the authority changed its role greatly and took a central role in reform and...
-
Bunratty CastleBunratty Castle is a large tower house in County Clare, Ireland. It lies in the centre of Bunratty village , by the N18 road between Limerick and Ennis, near Shannon Town and its airport. The name Bunratty, Bun Raite in Irish, means the 'bottom' or end of the 'Ratty' river...
is run by the agency. The agency is responsible for
Shannon Free ZoneShannon Free Zone is a , International business park adjacent to Shannon International Airport, County Clare, Ireland which is 18 km from Ennis and 20 km from Limerick city. Businesses based on the site enjoy a very attractive tax package on their profits. This has served to attract a...
and National Technology Park on which the
University of LimerickThe University of Limerick was established in 1972 as the National Institute for Higher Education, Limerick and became a university by statute in 1989 in accordance with the University of Limerick Act 1989...
is located. Shannon Town was also created and managed by the company until it was transferred to Clare County Council in 2004.
Shannon Development also acts as a landlord for many companies in the region. Companies that qualify, pay rent to Shannon Development. In return the company can apply for
Enterprise IrelandEnterprise Ireland is the Irish leading state economic development agency focused on helping Irish-owned business deliver new export sales. The core mission of Enterprise Ireland is to accelerate the development of Irish enterprises capable of achieving strong positions in global markets resulting...
grant funding through Shannon Development. This constitutes a symbiotic relationship.
The Government has reviewed the role of the agency in July 2005 and its functions are being realigned. Under the new arrangements, Shannon Development will have an enhanced regional economic development role with a particular emphasis on addressing the needs of the less developed parts of the Shannon region. It will also retain responsibility for the Shannon Free Zone industrial park. The existing enterprise support functions carried out by Shannon Development in relation to both indigenous and overseas enterprises will be assumed by the national agencies,
Enterprise IrelandEnterprise Ireland is the Irish leading state economic development agency focused on helping Irish-owned business deliver new export sales. The core mission of Enterprise Ireland is to accelerate the development of Irish enterprises capable of achieving strong positions in global markets resulting...
and
IDA IrelandIDA Ireland is the agency responsible for industrial development in Ireland. The agency was founded in 1949 as the Industrial Development Authority and placed on a statutory footing a year later. During the Lemass Era the authority changed its role greatly and took a central role in reform and...
.
External links