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Shannon Development

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The government 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
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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,
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Shannon Development became part of Shannon Group plc on 10 November 2014. To emphasise a more commercially focused property remit, Shannon Development was renamed Shannon Commercial Enterprises Ltd, trading as Shannon Enterprises.
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was also created and managed by the company until it was transferred to Clare County Council in 2004. This property transfer was the biggest property transaction in the history of the state.
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Shannon Development also acted as a landlord for many companies in the region. Companies that qualify, paid rent to Shannon Development. In return the company can apply for
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was built at a strategic point on the early transatlantic flying route, but with the age of the jet, its fortunes declined. In 1969
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Shannon Development was responsible for a number of areas of development of the region including tourism and industry similar to
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Shannon Heritage, a member of the group, is a semi-state commercial body responsible for operating tourist sites including
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https://web.archive.org/web/20110721125013/http://www.irishpressreleases.ie/printer-page.php?p=1538
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grant funding through Shannon Development. This constitutes a symbiotic relationship.
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Shannon Development was set up as Shannon Free Airport Development Company by the
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announced Shannon Heritage were to be appointed to run the
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Shannon Development worked with, but was not an agency of,
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Shannon Town Centre, Shannon, County Clare, Ireland
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references
primary sources
secondary or tertiary sources
"Shannon Development"
news
newspapers
books
scholar
JSTOR
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state sgency
Department of Jobs, Enterprise and Innovation
Ireland
Shannon Development website
Ireland
River Shannon
Clare
Limerick
North Tipperary
Kerry
Offaly
Brendan O'Regan
Forfás
Irish Government
1959
Shannon Airport
Aer Rianta
IDA Ireland

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