The Atlantic Economic Corridor (AEC) stretches along the entire western seaboard of Ireland, from Donegal in the north to Kerry in the south. The AEC is home to hundreds of successful businesses, from ambitious start-ups to scaling Small and Medium Enterprises (SMEs), from established multinationals to Irish firms putting their stamp on global markets.
The Irish Government has recognised the importance and potential of the AEC in Project Ireland 2040, the over-arching national policy that provides a framework for long term planning and investing Ireland’s future.
The development of the AEC is a long term collaborative project encompassing Ireland’s business community, national and local government, higher education sector, and public bodies. The AEC initiative aims to grow our entrepreneurial and innovation culture, encourage infrastructural investment, attract foreign direct investment and support Irish companies with global ambitions.
The AEC Taskforce was established in March 2017 to progress the development of the AEC. Minister of State Seán Canney chairs the Taskforce which includes senior representatives from the business sector, Government Departments, public bodies and Third Level institutions. A number of sub-groups are also working to progress specific elements, such as examining infrastructure needs and enterprise property assets, and developing a communications strategy.
Local Authorities are playing a key role in the development of the AEC, to ensure a cohesive approach is taken across the Corridor. The Department of Rural and Community Development is providing co-funding to each to the 10 Local Authorities along the AEC (Donegal, Roscommon, Sligo, Mayo, Leitrim, Galway County, Galway City, Clare, Limerick, and Kerry) to support the designation of an AEC Officer in their authority who will help to develop and promote the AEC initiative while supporting the work of the Taskforce and its sub-groups.
The new online hub www.atlanticeconomiccorridor.ie was launched in June 2018. The website offers information for people thinking of setting up a business in the region, or for those interested in relocating to the region.