The Irish 'Celtic Tiger' economy today is widely acknowledged to be one of
the fastest growing in the world. It has well caught up with the rest of
Western Europe and is thus booming with Dublin as its heart.
Dublin, being the capital city is the hub of countrys transportation,
education, communication as well as finance. The city looks well set to
sustain its current economic boom, which started over a decade ago, when the
'Celtic Tiger' term was first coined. Employment growth in Dublin has
strengthened in recent years, with its average unemployment figures being
among the lowest in Ireland.
Agriculture is no longer the main contributor to the national product but
it doesnt mean that agriculture is a neglected sector. The government
has thrown its weight behind the process of modernization of agriculture.
While textiles, IT, electronics and chemicals are the dominant sectors of
industry. Over the last few decades, Dublin has established a reputation as
Europe's software capital.
Although the primary service sector is dominated by finance and banking,
Dublin's highest growth service industry is tourism. Tourism numbers have
been growing consistently each year, with figures more than doubled in the
past decade. These figures however is also dominated by overseas visitors
travelled for business purposes. These visitors can be contributed to the
Royal Dublin Society (RDS), which is one of the main conference and
exhibition venues of the country in Dublin.
Further, the city is also the center of both media and communications in
Ireland, with many newspapers, radio stations, television stations and
telephone companies having their headquarters there.
Lastly, the recent discovery of oil and natural gas deposits is going to
further strengthen the economy, while its already attracting a lot of
Major Business Centers
Irish Stock Exchange (ISE):
The Irish Stock Exchange situated in Dublin is a key element of financial
infrastructure of Ireland. Its roots stretch back to 1793 when the Exchange
first opened for trading in Dublin. In recent years, the Exchange has
established a leading position globally in investment funds and specialist
Trading on the Exchange is primarily conducted in the equities and
Government bond markets on the ISE Xetra trading platform and EuroMTS
RDS Irish International Convention and Exhibition Centre:
Located in the very heart of Dublin, RDS is the premier venue for meetings,
conferences, exhibitions, trade & public shows, entertainment and
sporting events of Ireland.
RDS holds some of the largest and most prestigious exhibitions in nearly
every sector of trade and industry while the nearby suburban train line
(DART) plus the main bus routes on the doorstep offer excellent public
The venue offers over 20,000 m2 of space for conference and exhibition to
meeting and private dining rooms. The complex comprises of ten
multi-purposes exhibition halls ranging in size from 340 m2 to 11,000 m2 all
situated on the ground floor, allowing for easy access.
In addition, there are also a number of break-out rooms which are used for
trade conferences and receptions run in conjunction with the exhibitions.
Major Commercial Areas
Temple Bar District:
Located at Southside, Temple Bar is the core of Dublin's business and
financial activities. Once a decaying part of the city, Temple Bar Area
today is the hub of Dublins nightlife. This thriving commercial center
is a cobbled district full of shops, traditional pubs, theatres, cinemas and
trendy clubs laid out on pedestrian streets.
Further an overwhelming choice of restaurants and beautifully restored
buildings add to the feel of the place and make it worth a visit, while the
International Financial Services Centre (IFSC) is also about ten minute walk
The area is also one of the top tourist attractions of Dublin with Trinity
College, Dublin Castle, St. Stephens Green and Dublin's shopping district of
Grafton Street situated here, making it the heart of Dublin's cultural
quarter as well. Most of the citys good hotels are also situated here.
The area is one of major commercial development, with many large
multinational companies located here. The Blanchardstown shopping center is
also one of the largest in Ireland and has impressive retail outlets,
restaurants, cinema, theatre and other leisure facilities.
Major Manufacturing Zones
Clondalkin is a suburb of Dublin situated some 10km west of the city in the
administrative area of South County Dublin. It is a busy satellite town of
the city, which has recently grown into a center for business and industry.
Clondalkin also boasts a number of shops from the Mill Centre, a music
centre and a pet shop.
Situated in the West County Dublin, Baldonnel though is mainly recognized
as just a townland but is also an important industrial/agricultural area
near Tallaght, Lucan, Saggart and Naas.
The region is mainly famed for the location of the head of the Irish Air
Corps (Irish Air Defence Forces) at Casement Aerodrome, which has been in
operation for over 90 years in the locality.
Located on the south side of Dublin, Ballymount houses one of the largest
industrial zones in Ireland. Some of the well known companies based in
Ballymount are Smurfit, TV3, Dhl, Johnson Brothers and Exel.
The area is divided by M50 motorway, with more industrial side towards