Shannon Development
Open-knowledge reference entry

Shannon Development (legally the Shannon Free Airport Development Company Limited formerly known as SFADCO) was an important regional development body for the Shannon Region of Ireland. Its area in the lower River Shannon basin comprised all of counties Clare, Limerick, and the former North Tipperary, as well as north Kerry and west Offaly. Its key founder was Brendan O'Regan.
Shannon Development worked with, but was not an agency of, Forfás.
Responsibility
Shannon Development was set up as Shannon Free Airport Development Company by the Irish Government in 1959 to promote the airport and region. Shannon Airport was built at a strategic point on the early transatlantic flying route, but with the age of the jet, its fortunes declined. In 1969 Aer Rianta took responsibility of the airport.
Shannon Development was responsible for a number of areas of development of the region including tourism and industry similar to IDA Ireland. The agency was responsible for Shannon Free Zone and National Technology Park on which the University of Limerick is located. Shannon Town was also created and managed by the company until it was transferred to Clare County Council in 2004.
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This entry incorporates text from “Shannon Development” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.