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Derry~Londonderry: At a Glance |
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Derry~Londonderry: At a Glance |
| Below are a selection of key facts and statistics, which highlight the unique opportunities available to forward thinking investors considering Derry: |
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- Derry is the second largest urban centre in NI and fourth largest on the island of Ireland (109,097 people). With a cross border catchment of almost 400,000 people the city is recognised as the economic, cultural and infrastructural hub for the North West of Ireland
- Derry has a proven track record of successful foreign direct investment and, importantly, re-investment. Major sectors include software/digital media, technology production, business processes in technology, retail, tourism, financial services and a growing life science sector
- Derry is Ireland’s most youthful city and region. Over 43 % of the North West population is under 30 years of age
- A University City with a total 40,000 in higher or further education across the City and Region’s further/higher education institutions
- Labour Costs are 15 to 20% lower than the UK average and staff turnover is below 8%
- Derry has the fastest city-to-city international telecommunications link with the east coast of the USA (66ms) with world class capacity (40Gps) and 99.999% reliability of service
- A regional transportation hub for the North West of Ireland consisting of City of Derry Airport, Seaport, rail links to Belfast & Dublin and key transport corridors to all major centres of population
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- Highly competitive land and property prices including high specification office space available with prices starting at £10-11 per sq ft
- Internationally recognised research excellence in the fields of Nanotechnology, Intelligent Systems, Clinical Life Sciences and Law
- Northern Ireland’s only Urban Regeneration Company with two available prime riverside sites totalling c.40acres as well as the imminent completion of a unique regeneration planning process for the City
- Retail capital of the North West serving a catchment population of 400,000 and attracting major national and international retailers with further major new developments proposed
- A Cross-Border economy adjacent to the Republic of Ireland, creating ease of international trading opportunities with the Euro Zone
- A Northern Ireland Signature Tourism Destination, the only intact walled city in Ireland and competitor for UK City of Culture 2013
- Part of the city’s attraction is the superb quality of life; the city centre is an average 15 minute commute from the outskirts, within easy reach of 250 miles of pristine coastline, 27 golf courses and beautiful mountain and lake scenery.
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| Below are a selection of key facts and statistics, which highlight the unique opportunities available to forward thinking investors considering Derry: |
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- Derry is the second largest urban centre in NI and fourth largest on the island of Ireland (109,097 people). With a cross border catchment of almost 400,000 people the city is recognised as the economic, cultural and infrastructural hub for the North West of Ireland
- Derry has a proven track record of successful foreign direct investment and, importantly, re-investment. Major sectors include software/digital media, technology production, business processes in technology, retail, tourism, financial services and a growing life science sector
- Derry is Ireland’s most youthful city and region. Over 43 % of the North West population is under 30 years of age
- A University City with a total 40,000 in higher or further education across the City and Region’s further/higher education institutions
- Labour Costs are 15 to 20% lower than the UK average and staff turnover is below 8%
- Derry has the fastest city-to-city international telecommunications link with the east coast of the USA (66ms) with world class capacity (40Gps) and 99.999% reliability of service
- A regional transportation hub for the North West of Ireland consisting of City of Derry Airport, Seaport, rail links to Belfast & Dublin and key transport corridors to all major centres of population
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- Highly competitive land and property prices including high specification office space available with prices starting at £10-11 per sq ft
- Internationally recognised research excellence in the fields of Nanotechnology, Intelligent Systems, Clinical Life Sciences and Law
- Northern Ireland’s only Urban Regeneration Company with two available prime riverside sites totalling c.40acres as well as the imminent completion of a unique regeneration planning process for the City
- Retail capital of the North West serving a catchment population of 400,000 and attracting major national and international retailers with further major new developments proposed
- A Cross-Border economy adjacent to the Republic of Ireland, creating ease of international trading opportunities with the Euro Zone
- A Northern Ireland Signature Tourism Destination, the only intact walled city in Ireland and competitor for UK City of Culture 2013
- Part of the city’s attraction is the superb quality of life; the city centre is an average 15 minute commute from the outskirts, within easy reach of 250 miles of pristine coastline, 27 golf courses and beautiful mountain and lake scenery.
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