Shannon Free Zone set to record net jobs gain after 325 posts announced

THE chief executive of Shannon Development said yesterday he was confident that the Shannon Free Zone will record a net jobs gain this year after two years of net losses.

Dr Vincent Cunnane was speaking after three firms in the Shannon Free Zone announced on Friday the creation of 325 jobs, which he described as “a turning point for the Free Zone”.

Last year, the Free Zone — home to over 100 companies with annual sales of €3 billion — suffered a net loss of 254 jobs, reducing the numbers employed to 6,066.