Dundalk is becoming a new regional industrial and research hub that could be your next science career destination.
With just under 2.25 million people living in a commutable distance, proximity to 3 deep sea ports and access to both Dublin and Belfast Airport it’s no wonder companies are now looking at Dundalk as a place to do business. According to the IDA up to 4,000 roles have already been created via FDI in the town and there are more jobs to come. Is this a location you have considered recently?
Just to give you an idea, here are some of the companies that have chosen Dundalk:
- National Pen
- Teeling Whiskey
- Wuxi Biologics
The latter announced a state-of-the-art manufacturing facility that will create 700 jobs during the construction phase between now and 2020, with 400 high value, long term Life Science jobs for Dundalk once the facility is built. This isn’t taking into account the variety of spin-off jobs that will result from such a big investment, which is a further boon to the region.
Local partnerships, local success
Dundalk Chamber of Commerce and Louth County Council have been fundamental in bringing new business to the town. One of the biggest drivers in that success is Dundalk Institute of Technology (DkIT). The institute’s partnership with the ABP Food Group, a food processing company, has yielded positive results for DkIT and Dundalk as a whole. The agreement includes the development of a new DkIT talent upskilling pathway and increased research collaboration across the science, engineering and business disciplines. It will also explore the feasibility of developing a new public-private venture to create a dedicated meat industry R&D facility at DkIT.
It doesn’t stop there: DkIT and medical cybersecurity specialist spin-out company, Nova Leah have received almost €4 million (€3.7 million) to support two industry projects aimed at driving disruptive innovation in the areas of medtech and connected health cybersecurity.
So how can this growth be maintained? One key element is infrastructure to accommodate both businesses and people. Investment in the M1 Economic Corridor will play a big part in building that infrastructure. Strengthening the link between the island’s largest cities, Dublin and Belfast will greatly enhance the accessibility of Dundalk. The corridor brings 3 international airports and 2 deep sea ports much closer, making over 300 destinations internationally much easier to get to.
Access to leading higher education institutions such as Dundalk Institute of Technology and DCU are in place to provide support to ensure there is a continued pipeline of talent for the region. In total there are 10 universities, colleges and higher education institutions in a commutable distance.
Lower cost of living
With the prices of accommodation, fuel, food and much more increasing in Dublin and Cork, the cost of living in Dundalk has remained stable. According to myhome.ie, the price of a three bed semi-detached in Dundalk is nearly €100,000 cheaper than it’s equivalent in the capital, with greater supply in the area too.
So whether you’re an employer looking for your next location or a job seeker on the hunt for the next “hot spot”, why not look at Dundalk for your next big opportunity.