Unveiling the Southern Gem: Business, Innovation, and Heritage in Ireland’s South


A view of the town Carlow in the south-east of Ireland. Carlow is striving to ensure that all community facilities and services are conveniently accessible within a 10-minute walk or cycle from residents’ homes, or via efficient public transport services that connect people to larger urban centers

The Southern Region of Ireland is on track to be one of Europe’s most creative, innovative, liveable, and greenest regions. It is a beautiful region endowed with great natural amenities including mountains, dramatic coastlines, and towns and villages full of character. The South of Ireland is renowned as a great place to live, work, do business, and unwind. Home to three of Ireland’s five cities – Cork, Limerick and Waterford, it is a dynamic place and is projected to grow by 25% by 2040. 

Through the innovative Regional Spatial and Economic Strategy developed by the Southern Regional Assembly, the region is on track to progress to a highly developed sustainable region with the best of urban and rural living within easy reach. The region’s three cities are the driving force in this ambition and are projected to grow by over 50% in the next twenty years with significant investment in supporting infrastructure – transportation, communications technology, social, and community infrastructure. 

With five universities, as well as further education institutes, it has a highly educated cosmopolitan workforce. Supported by good connectivity through four international airports (including direct flights to the USA through Shannon Airport), ports, and high-speed broadband, the region has attracted significant foreign direct investment (FDI) from companies including, Apple (employing nearly 7,000 people at their European Headquarters in Cork), Johnson & Johnson, Jaquar, and Logitech. Evidence suggests that this trend will continue due to strong performance of the Southern Region’s economy when compared to other Irish and EU regions. 

The Southern Region embraces its connection to Europe, and with support from the EU in the form of the European Regional Development Fund, it continues to invest in advancing research, smart specialization development, and innovation capacity. This strategy is strongly connected to the availability of human capital, and contributes to the transition to a low carbon economy and sustainable urban development.

As the region covers over 42% of Ireland and includes both urban and rural areas, there is extensive potential for clean renewable electricity both offshore and onshore. The Southern Region is on track to become a decarbonized, smart region by 2040 with the ambition to export significant surplus clean electricity to Europe. The Southern Region is also driving the concept of a Smart Southern Region expanding on Smart City initiatives to towns, villages and rural areas – focusing on people and place rather than just technology, it relies on cross-sectoral collaboration in order to create vibrant, sustainable, and liveable communities. 

Standing proud on the western edge of Europe, the Southern Region faces the future with confidence in its ability to play its part in the transformation of a region to harness its natural beauty and tradition while at the same time looking forward to taking its place at the forefront of change in Europe. 

A conversation with David Kelly, Director of Ireland’s Southern Regional Assembly, a regional tier entity of government driving the transformation of Ireland’s southern region through strategic planning, visionary leadership, and a steadfast commitment to fostering sustainable growth and prosperity for all its citizens.

David Kelly, Director of Ireland’s Southern Regional Assembly,

What is the role of Irelands Regional Assembly?

David Kelly: The Southern Regional Assembly, is one of three regional assemblies in Ireland. They each have a significant role in advocating for regional development, and achieving balanced regional development. We primarily utilize two major tools – a regional investment program, co-funded by the European Regional Development Fund, and regional spatial and economic planning. Our goal is to address the imbalance in development that has been heavily centered around Dublin, leading to issues such as congestion and challenges for other areas in Ireland. Infrastructure development is crucial for making a region attractive for businesses and supporting their growth. Therefore, the Southern Regional Assembly is focused on enhancing connectivity, including roads, railways, and airports, as well as fostering our enterprise ecosystem. This also involves linking research and innovation institutions effectively. Historically, the majority of investment has gone to Dublin due to its population size and economic activity. We aim to redistribute this investment more evenly to support infrastructure in other areas.

What should Americans remember about Irelands Southern Region?

David Kelly: The Southern Region has enormous potential for attracting businesses and investments. We have three of Ireland’s national cities within our region, and numerous thriving towns. Our educational infrastructure, including universities and technological institutes, is well-developed. This, combined with our focus on a knowledge-based economy, makes us an attractive destination for investment.I would underscore our region’s rich history of Irish-American relations, marked by the presence of numerous influential American companies including Apple’s European Headquarters based in Cork, and Johnson & Johnson, one of the largest biotech companies in the world having sites across Cork, Limerick and Galway. Our resolute commitment is to cultivate and elevate these connections. Moreover, we are steadfast in our mission to unlock our region’s untapped potential and amplify its role in propelling Ireland’s growth and progress, solidifying its status as an exceptionally appealing hub for businesses and investments.

Exploring Three Vibrant Cities in Southern Ireland:

Cork: Ireland’s second-largest city, seamlessly intertwines business acumen with a thriving tourism sector. Its strategic location on the south coast, and well-connected infrastructure make it a prime destination for trade and investment. The city’s diverse economy spans technology, pharmaceuticals, and agribusiness, fostering innovation and attracting global corporations. Meanwhile, tourists are drawn to its rich cultural heritage, vibrant culinary scene, and scenic landscapes, from the historic Blarney Castle to the stunning Wild Atlantic Way. Cork, a city where business opportunities flourish and tourism experiences captivate, stands as a dynamic gem on Ireland’s southern shores.

Limerick: Nestled along the picturesque River Shannon, Limerick hosts a thriving knowledge economy, with a focus on information technology, finance, and pharmaceuticals. The city’s prestigious universities and research centers fuel innovation and draw talent, making Limerick an attractive destination for forward-thinking businesses. Simultaneously, Limerick’s rich history, seen in landmarks like King John’s Castle, blends seamlessly with a modern arts and culture scene. This fusion creates a unique tourism experience, drawing visitors to explore its medieval streets, enjoy traditional music, and revel in its dynamic, contemporary vibe.

Waterford: Ireland’s oldest city, stands as a global center for crystal production, boasting a legacy of craftsmanship that continues to draw international attention. In the business realm, Waterford’s strategic location, infrastructure, and focus on manufacturing and technology make it a magnet for industries seeking excellence. On the tourism front, the city’s maritime history, exemplified by the Viking Triangle and Waterford Museum of Treasures, enthralls history enthusiasts. Waterford’s synthesis of business excellence and historical charm ensures its enduring allure for both commerce and leisure.


More Articles

  • Egypt is considered one of the fastest-growing offshore destinations in the world and its BPO and IT industries are gaining global market share

    Egypt is considered one of the fastest-growing offshore destinations in the world and its BPO and IT industries are gaining global market share

    Egypt’s ICT sector is one of the fastest economic contributors to GDP. The overall revenues for the sector in 2018 surpassed EUR 4 000 million and are expected to reach EUR 5 100 million by 2020. The growth rate reached 14.1% in 2017/2018, against 12.5% in 2016/2017 The government has invested heavily in telecom infrastructure.…

  • Eight percent of global shipping transits Egypt’s Suez Canal

    Eight percent of global shipping transits Egypt’s Suez Canal

    The Egyptian government is implementing an ambitious strategy to improve and develop the transport sector to enhance the state resources and benefit on Egypt’s strategic location. Egypt has 108 000 kilometers of roads and 9 750 kilometers of railways, along with 20 airports, 15 harbors and a series of land ports. Transport and logistics represented…

  • New sector specific mega industrial zones in Egypt seek to improve valued added export capabilities

    New sector specific mega industrial zones in Egypt seek to improve valued added export capabilities

    Egypt streamlined its industrial licensing processes to boost investment. They slash bureaucracy and decrease the waiting time for new projects. The industry sector is the second biggest economic sectors in the country representing more than a third of the GDP and more than 13% of the total labor force. In 2014, Egypt started a series…

  • New Administrative Capital in Cairo

    New Administrative Capital in Cairo

    Since the day the Pharaohs commissioned the Great Pyramids of Giza, Egypt has been home to vast mega-projects. Today is no exception, with the Suez Canal to the ongoing New Administrative Capital, presented as the biggest planned city of all time, Egypt has been living up to its Ancient ancestors. In March 2015, Egyptian Minister…

  • A growing population in Egypt demands quality housing

    A growing population in Egypt demands quality housing

    One of the best solutions for Egypt’s constant overpopulation of cities has been urban expansion. It is part of an ambitious government plan to build new cities on the outskirts of every major governorate in Egypt. The Egyptian real estate sector has historically proven resilient to economic and political tensions over the past decade and…

  • Becoming an Energy Hub: From blackouts to exports, the Egyptian energy sector has made a complete 360 in the past five years

    Becoming an Energy Hub: From blackouts to exports, the Egyptian energy sector has made a complete 360 in the past five years

    Egypt’s oil and gas sector was on a downward spiral for years due to the impact of the Arab Spring, the unfolding of the Muslim Brotherhood, and the military coup. The country could not even keep its lights on five years ago. In 2013, due to a series of blackouts, factories were forced to shut…

  • Zohr: Massive new natural gas discoveries in the Mediterranean will meet and exceed Egypt’s national demand for years.

    Zohr: Massive new natural gas discoveries in the Mediterranean will meet and exceed Egypt’s national demand for years.

    Egypt is the third-largest dry natural gas producer on the continent and the largest non-OPEC oil producer in Africa. In addition, the Suez Canal and Suez-Mediterranean Pipeline (SUMED) are strategic high-security global transit routes for oil shipped from the GCC to Europe and the United States.  Egypt is the most populous country in North Africa,…

  • Egypt’s growing population is reinforcing economic growth while severely straining national resources

    Egypt’s growing population is reinforcing economic growth while severely straining national resources

    Egypt’s demographic boom has been a blessing to the economy. As the largest consumer market in the Middle East every sector of the economy can confidently expect sales to increase backed by national demographic trends. The needs of the growing population provide massive investment potential, and the private sector continues to find new opportunities to…

  • New Investment Law in Egypt

    New Investment Law in Egypt

    The landmark new investment law, ratified in 2017, changed the landscape of business in Egypt. The law has modernized and reduced barriers to how international companies invest and operate in Egypt, offering incentives, simplifying the processes, guaranteeing protection from decisions that are arbitrary or capricious, and providing new tools to ease establishing, starting and operating…

  • Egypt’s economic fundamentals are improving, and at 5.4% GDP growth it is the fastest growing country in the region

    Egypt’s economic fundamentals are improving, and at 5.4% GDP growth it is the fastest growing country in the region

    Egypt is the regions fifth-largest economy and increasingly on the global investment map. According to the International Monetary Fund Egypt was the third largest economy in Africa with a GDP of EUR 208 682 million in 2017 after Nigeria’s EUR 331 061 million and South Africa at EUR 304 642 million. Egypt’s economic fundamentals in…

  • Egypt’s evolving socio-economic dynamics evolve amongst social and religious frictions

    Egypt’s evolving socio-economic dynamics evolve amongst social and religious frictions

    Historically, the Arab Republic of Egypt has been fundamental to the development of the Middle East and North Africa. To this day, Egyptian political thought and cultural influence echoes throughout MENA. Egypt remains an influential actor in the region, pushing towards the path of further economic and political stability.   History: It is impossible to…

  • Egypt EU Trade relations improving

    Egypt EU Trade relations improving

    The European Union remains Egypt’s largest investors Three-quarters of foreign direct investment come from EU states, and trade represents a third of the country’s GDP. The has been constant EU assistance and partnership programs since 1998, which established stable relations between Egypt and the EU. The Association Agreement was the most effective agreement when it…

  • Interview: Osama Bishai, Chief Executive Officer, Orascom Construction

    Interview: Osama Bishai, Chief Executive Officer, Orascom Construction

    Orascom Construction is a leading global engineering and construction contractor primarily focused on infrastructure, industrial and high-end commercial projects in the Middle East, North Africa, the United States, and the Pacific Rim for public and private clients. The Group also develops and invests in infrastructure opportunities. What is your outlook for Egypt’s economy? We see incredibly…

  • Interview: Prof Ismail Abdel Ghaffar Ismail, President, Arab Academy for Science, Technology and Maritime Transport  (AASMT)

    Interview: Prof Ismail Abdel Ghaffar Ismail, President, Arab Academy for Science, Technology and Maritime Transport (AASMT)

    The Arab Academy for Science, Technology & Maritime Transport is a regional university operated by the Arab League which runs programs in marine transportation, business, engineering and is quickly growing its curriculum to ensure recent graduates meet labor market requirements. Established in 1972, the multi-purpose & multi-task institution specialized on offering its services to Arab…

  • Interview: Mervat Sultan, Chairperson, Export Development Bank of Egypt (EBE)

    Interview: Mervat Sultan, Chairperson, Export Development Bank of Egypt (EBE)

    Export Development Bank of Egypt (EBE) was established for the purpose of boosting Egyptian exports. The Bank offers banking and financial services to encourage the export activities of the agricultural, industrial, commercial and services sectors. One of the main business lines and activities of the Bank is the Corporate Banking and Loan Syndication Activities.  How…

  • Interview: Ahmed Hafez, CEO, Ideal Standard MENA

    Interview: Ahmed Hafez, CEO, Ideal Standard MENA

    Ideal Standard designs, manufactures and supplies bathroom innovations for residential, commercial and institutional buildings. They operate through 47 factories around the globe, 6 of which are in Egypt’s 10th of Ramadan City. Ideal standard has had a MENA region presence since the 1960s and is celebrating its 35th anniversary in the Egyptian market. How do…

  • Interview: Basil El Baz, CEO, Carbon Holdings

    Interview: Basil El Baz, CEO, Carbon Holdings

    Carbon Holdings is a privately owned petrochemical company. They develop midstream and downstream petrochemical projects to supply the manufacturing, mining and construction sectors. They currently operate the Egypt Hydrocarbon Corporation (EHC), Oriental Petrochemicals Corporation (OPC) and are in the early stage of financing a third project Tahrir Petrochemicals Corporation (TPC).  What role do you see…

  • Interview: Ayman Ismail, Co-Founder, Chairman, and CEO, Dar Al Mimar Group (DMG)

    Interview: Ayman Ismail, Co-Founder, Chairman, and CEO, Dar Al Mimar Group (DMG)

    Dar Al Mimar Group (DMG) is the largest vertically integrated holding covering real estate development in Egypt. The group focuses on world-class standards and operates in three sectors: engineering, real estate, and hospitality through its subsidiaries. Since 2005 Mountain View is among Egypt’s leading private property development companies. DMG has developed and now manages over…

  • Interview: Ahmed Heikal, Managing Director, Qalaa Holdings

    Interview: Ahmed Heikal, Managing Director, Qalaa Holdings

    Qalaa Holdings is a leading private equity investment company in Egypt focusing in energy and infrastructure. Qalaa manages an investment portfolio consisting of 19 Opportunity-Specific Funds (OSFs). Its investments are distributed through 12 countries in the Middle Eastern and North African markets and span 14 industrial sectors. Qalaa Holdings is an African leader in energy and infrastructure.…

  • Interview: Mohammed Saad Eldin, Chairman, Saad Eldin Group

    Interview: Mohammed Saad Eldin, Chairman, Saad Eldin Group

    Saad Eldin Group. The highly diversified vertically integrated Oil & Gas holding was founded in 1985 and is focused on servicing LPG, LNG, CNG and other industrial gases. Saad Eldin Group subsidiaries and factories are dedicated to manufacturing, filling and delivering of gas cylinders throughout Egypt. Its facilities include gas processing plants, LPG container manufacturing…

  • Interview: Albert Gress, Country Manager Egypt, SDX Energy

    Interview: Albert Gress, Country Manager Egypt, SDX Energy

    SDX Energy is a North Africa focused international E&P business with high margin producing assets and a transformational exploration upside. It engages in the exploration, development, and production of oil and gas primarily in the Arab Republic of Egypt and the Kingdom of Morocco. Net production: 3,237 boe/d, 2P reserves: 13.5 mmboe. The company is cash flow…

  • Interview: David Chi, Vice President and General Manager, Apache Egypt

    Interview: David Chi, Vice President and General Manager, Apache Egypt

    Apache has 22 years of exploration, development and operations experience in Egypt and is one of the largest acreage holders in Egypt’s Western Desert. Apache has invested more than $1 billion in the Egyptian oil and gas sector during 2018. It remains the largest oil producer in Egypt, one of the largest foreign investors in the country, and in particular the largest American investor in Egypt. Are you optimistic about…

  • Interview: Tarek El Molla, Minister of Petroleum of Egypt

    Interview: Tarek El Molla, Minister of Petroleum of Egypt

    How will natural gas exports contribute to Egypt’s economic acceleration? The current strategy of the Ministry aims at fulfilling the requirements of the local market and completion of the gas development projects. However, to achieve such a vital goal we worked towards increasing production by speeding up the development of the Mediterranean discoveries. Thus, due…

  • Interview: Maged Ezz Eldeen, Country Senior Partner, PwC Egypt

    Interview: Maged Ezz Eldeen, Country Senior Partner, PwC Egypt

    How have Egypt’s economic reforms affected the competitiveness of the economy? Egypt’s unprecedented macroeconomic and business legislation reform measures are bearing positively on the country’s competitive standing. For the first time in eight years, Egypt’s ranking on the global competitiveness report witnessed a significant jump of 15 places in 2017. Underpinning this was a remarkable…