This means that companies can easily do business with their customer base around the world.
There is easy access to a European Union market of 500 million people, and connections to the global market are excellent.
The first-rate road network has minimal levels of congestion and brings most of Europe within 24-48 hours.
Three airports deal with almost seven million passengers a year. Belfast International Airport runs daily scheduled flights to destinations such as London, Paris and Amsterdam.
The region boasts four ports – Belfast Harbour, Foyle Port, Warrenpoint Harbour and Larne Harbour. Belfast Harbour is the second busiest port on the island of Ireland and along with the ports at Larne and Warrenpoint provides over 160 ferry and freight sailings per week to Great Britain and Europe.
Northern Ireland’s communications infrastructure is renowned as state-of-the-art. It enjoys international connectivity at a very competitive cost.
The region also has a h3 record of staying at the forefront of communications technology. It became the first region in Europe to achieve 100 per cent broadband coverage and one of the first to operate and experience high speed, next generation services with a new 40-gigabyte per second transatlantic and terrestrial telecommunications link between Northern Ireland, North America and Europe. This is providing secure, reliable service and delivering prices up to 20 per cent below market rates in London, Dublin, Manchester and Glasgow*.
The region provides a fully digital, fully fibre optic communications network. Northern Ireland benefits from its own Internet backbone exchange, and telecoms costs are among the lowest in Europe. Investors have access to a truly leading-edge telecoms infrastructure and a burgeoning telecoms sector. The region’s compact size also makes it an ideal test-bed for new communications technology.
Northern Ireland’s telecoms industry is a highly deregulated and competitive market with over 70 operators. Deregulation means better service and lower costs.
Excellent business-focused universities
Northern Ireland’s internationally renowned universities have been key drivers in the development of the region’s technology and knowledge industries. Queen’s University, and Ulster University have globally recognised research centres across a range of disciplines.
* Source: Northern Ireland Department for the Economy