Shannon Free Zone is a 2.43 km², 600 acre, International business park adjacent to Shannon International Airport, County Clare, Ireland which is 20km from Limerick city. Businesses based on the site enjoy a very attractive tax package on their profits. This has served to attract a large number of multinational companies. Currently there are over 120 international firms and 7,500 people employed at Shannon Free Zone in a diverse range of activities. Companies who have invested at Shannon include Avocent, GE Capital, Ingersoll Rand, Intel, Lufthansa Technik, Mentor Graphics, Molex, Shannon Engine Support, RSA Security and Symantec Software.
Shannon Development is an Irish government agency whose aims are to establish foreign direct investment on the Shannon Free Zone and to support existing foreign enterprises in expanding their businesses here. It was established in 1959 after Shannon Airport ceased being an important fuel stop for trans-Atlantic flights when jet airliners came to replace combustion engine aircraft.
Shannon Development assists with: