The North East region comprises the counties Cavan, Louth and Monaghan. The region has a population of 256,563 (Census 2011) and is the conduit of the busiest economic corridor in Ireland - between Dublin and Belfast - Ireland’s two largest cities.
The main urban centres in the region are Drogheda, Dundalk, Monaghan Town and Cavan Town. The entire region is within one hour’s drive of either Dublin or Belfast and their international airports. The eastern side of the region provides direct access to the main shipping routes to Europe and the UK. Within the Region there are 3 ports at Dundalk (bulk cargo), Drogheda (bulk cargo and LO/LO) and Greenore (a deep sea port with LO/LO facilities, RO/RO facilities are planned). The major cargo and RO/RO ports of Dublin, Warrenpoint, Belfast and Larne are all within a 40 to 90 minute range.
The region is also traversed by the Dublin/Belfast Rail Line with passenger and cargo terminals at Drogheda and Dundalk.
The foreign owned companies with operations in the region include Xerox, Coca Cola, PayPal, Prometric, Heinz, Becton Dickinson, Warner Chilcott, National Pen, ABB, Bose, CG Power Systems Ireland, Wellman International, International Fund Services, Daiwa Securities, Vesta, Cargotec, Boxmore, Rexxam Ireland Co. Ltd., SATIR, Radio Systems, Yapstone and Nextag.
IDA Ireland has business parks in Dundalk, Drogheda, Cavan and Monaghan. It also has planning permission at a new strategic site in Dundalk for two biopharmaceutical facilities to cater for the generic needs of the industry.
Dundalk Institute of Technology is the main third level college in the Region with a student population of circa 6,000. The Institute provides courses in Business, Engineering, Computing, Science and Creative Media to certificate, degree and postgraduate level. The Region is also within easy reach of Dublin and Belfast’s third level education infrastructure which together host 6 major Universities and 5 Institutes of Technology (over 100,000 student population) providing access to the full range of academic and research facilities.
With the sea to the east, a variety of fresh water lakes to the west and the Mourne and Cooley mountain ranges to the north the region provides access to almost every outdoor pursuit. In addition, very competitive housing costs make the region an attractive location in which to live.
Dundalk with a population of 37,816 (2011 Census including Suburbs or Environs) is the administrative capital of County Louth. (122,897 Population Census 2011). Located strategically midway between Dublin (80 kms/50mls) and Belfast (80 kms/50mls), the town benefits from pivotal services including rail, road, telecommunications and port access.
The town has direct access (45 minutes) via the M1 motorway to Dublin International Airport – Ireland’s largest - with a throughput of more than 18.7 million passengers annually. Belfast International and Belfast City airports are within circa one hours reach.
The town currently hosts operations of foreign owned companies including Xerox, Warner Chilcott, PayPal, Prometric, Heinz, Cargotec, ABB, National Pen, Daiwa Securities, Vesta, Radio Systems, Yapstone and SATIR.
Dundalk Institute of Technology has its campus near the town centre. The Institute provides courses in Business, Engineering, Computing, Science and Creative Media to certificate, degree and post graduate level. Its student population is circa 6,000. Areas of research activity include renewable energy, smooth muscle, software technology and freshwater studies. The towns position means it is in easy reach of Dublin and Belfast’s 6 Universities and 5 Institutes of Technology with an aggregate student population of over 100,000.
IDA’s Finnabair Business Park in Dundalk, adjacent to the Institute of Technology, provides building and Greenfield site solutions for overseas companies. IDA also has a developed land bank in Dundalk of circa 60 hectares (150 acres) capable of meeting the demands of large process related industry.
Drogheda has a population of 35,578 (2011 Census including Suburbs or Environs). Located within 20 minutes of Dublin International Airport and in the Dublin commuter belt (with circa 20,000 commuters each day) the town while maintaining its own clear identity has become part of the Greater Dublin Area.
The town is located on the M1 Motorway just 50kms (30mls) north of Dublin’s city centre within easy reach of all the facilities of the Capital. There are 32 train departures to Dublin from Drogheda Station each day.
The main foreign owned companies with operations in Drogheda are Coca Cola, Becton Dickinson, International Fund Services, and Rexxam. The major Irish public company CRH operates Ireland’s largest cement manufacturing facility to the south west of the town.
Located in the Dublin catchment Drogheda provides easy access to 5 major Universities and 5 Institutes of Technology with a student population of over 100,000.
IDA’s 25 hectare (63 acre) Business & Technology Park with direct access onto the M1 motorway is developed and landscaped for the needs of the IT, Financial and International Services Sectors.
Cavan town with a population of 10,205 (2011 Census including Suburbs or Environs) is the administrative capital of County Cavan (73,183 Population 2011 Census). The town is located on the N3, within 115kms (70 miles) of Dublin (M3 and M50) and 134kms (80 miles) of Belfast. Cavan is within 70 minutes commuting time of Dublin International Airport.
The main foreign owned companies with operations in Cavan are: CG Power Systems, Boxmore Plastics, Wellman International, Global Indemnity and Abbott Ireland and Liberty Insurance. IDA’s 27 hectare (42 acre) Business & Technology Park in Cavan provides greenfield site solutions.
Cavan has been designated a hub for development in Ireland’s National Spatial Strategy. The town provides access to some of Ireland’s and indeed Europe’s best trout and coarse fishing in the abundant fresh water lakes within easy reach of the town.
Monaghan town with a population of 7,452 (2011 Census including Suburbs or Environs) is the administrative capital of County Monaghan. (60,483 Population 2011 Census). The town is located on the N2 which connects Dublin to Derry, Ireland’s fourth largest city. It is within easy reach of Dublin (125kms/75 miles) with a typical commuting time of 80 minutes. Dublin International Airport is 80 minutes away.
Monaghan is one of the principal centres for food and furniture production in Ireland. It has been designated a hub under the Irish National Spatial Strategy which will ensure a focus on it as a location for growth and development within the context of the North East Region
IDA and the Local Authority have a number of property options available to meet the needs of overseas investors
If you would like more information, please contact IDA Ireland
Finnabair Business and Technology Park
Tel: + 353 42 935 4410
Fax: + 353 42 933 4411
Tel: +353 49 436 8820