Peninsula Hi-Tec

A Message from Lord Pickles and Lord Blunkett, followed by Peninsula Hi-Tec's best practice article

The ability to listen and learn from one another has always been vital in parliament, in business and in most aspects of daily life. But at this particular moment in time, as national and global events continue to reiterate, it is uncommonly crucial that we forge new channels of communication and reinforce existing ones. The following article from Peninsula Hi-Tec is an attempt to do just that. We would welcome your thoughts on this or any other Parliamentary Review article.

Blunkett signature Rt Hon The Lord David Blunkett
Pickles signature Rt Hon The Lord Eric Pickles

www.wolverhamptonsp.co.uk/accommodation/our-buildings/our-accomodation/

25PENINSULA HI-TECH LTD ULSTER SCIENCE & TECHNOLOGY PARK |
BEST PRACTICE REPRESENTATIVE 2018
Patrick Shortall, managing
director
Ulster Science &
Technology Park
Peninsula Hi-Tech Ltdis part of a property group based
in Londonderry, Northern Ireland, owned and managed
by Patrick Shortall.Peninsula has the pioneering track
record in Northern Ireland of being the first private company
to date to invest exclusively in providing dedicated space for
high-tech companies at the Ulster Science & Technology Park
inLondonderry.
Pioneering investment
For more than 30 years, the Peninsula Group have been involved in stabilising the
social order in an area with the highest unemployment rate in the United Kingdom
through private investment in housing, shopping centres and high-tech inward
investment. The company’s quality track record and probity is well known and
recognised as having been at the forefront of pioneering development in this area
to the benefit of all communities.
Peninsula planned, promoted and built the Ulster Science & Technology Park
(USTP) based on the knowledge that Northern Ireland has a young, highly skilled
workforce, with Londonderry operating as the lowest cost region in English-
speaking Western Europe situated in the most competitive region in the UK. Since
1988 this private sector initiative has created over 1,000 new high-tech jobs with
capacity for 3,000 jobs on the park.
The USTP is the leading business and office campus in the northwest of Ireland.
Set in a purpose-built, 15-acre mature landscaped parkland, spread across four
stand-alone buildings, the park offers high-specification office accommodation at
FACTS ABOUT
PENINSULA HI-TECH LTD
»Managing director:
PatrickShortall
»Established over 40 years ago
»Based in Londonderry,
Northern Ireland
»Services: Pioneering
development with a quality
track record and probity
benefiting all communities
»Built, maintains and manages
Ulster Science & Technology
Park, Londonderry since 1987
»First company in Northern
Ireland to bring foreign direct
investment with high-quality
pre-built office space
»www.ulstersciencepark.com
Peninsula Hi-Tech Ltd
Ulster Science & Technology Park
PENINSULA HI-TECH LTD |
THE PARLIAMENTARY REVIEW
Highlighting best practice
26 | PENINSULA HI-TECH LTD ULSTER SCIENCE & TECHNOLOGY PARK| PENINSULA HI-TECH LTD
vastly competitive rates. This example
of private sector driven job creating
infrastructure was emulated a decade
later by the public sector in Belfast
with office space in Belfast costing up
to twice as much as the superior built
office space available at USTP.
The Ulster Science & Technology
Park provides the highest levels of
connectivity and service to businesses
in the United Kingdom and in Ireland.
A direct undersea fibre optic cable
link to Londonderry from New York
was laid by Atlantic Hibernia with
direct connectivity to the park. Each
flexible workspace offers superb
telecommunication with resilient Tier 1
internet provision.
Fully adaptable office and research-style
accommodation is available in a range
of sizes in all buildings. We believe
ourprestigeaccommodationprovides
an unbeatable location package where
tenant companies can successfully
develop their operations. Our buildings
are modern and a continuous
programme of refurbishment and
upgrading is in place to ensure that
the high quality of accommodation is
maintained at all times.
Investing in Londonderry in
conjunction with Invest NI
There are huge incentives for
businesses to invest in Londonderry
with the Peninsula Group. The Ulster
Science & Technology Park, Northern
Ireland offers inward investors
one of the most attractive support
packages available in Europe through
Invest NI, the province’s investment
vehicle.These packages are tailor-
made for each individual investment
project.
Tailored support packages include
cash grants for capital investments
and employment, interest relief plus
support for a variety of business
operations such as research and
development, training and marketing
for potential tenants.
Invest NI in their role to grow the local
economy will support new and existing
businesses that can make the greatest
contribution to this growth by helping
them to compete internationally. High-
quality services, programmes, expert
advice and excellent support packages
are all on offer from Invest NI.
We’ve got great people
Londonderryis a key inward
investment location underpinned
by a high calibre, cost-competitive
workforce. Londonderry’s population
of 150,140 is one of Europe ’s
youngest and fastest growing. Over
a third – 33.9 per cent – of the
population is under the ageof 25.
There is an enthusiastic and steady
stream of smart, talented people for
knowledge-based companies seeking
a strong workforce. World-class
universities and an extensive network
of further education colleges provide
excellent academic and vocational
training and are responsive to
business, creating graduates with skills,
competency and acumen in business-
relevant areas.
High-specification office
space
The lowest
cost base,
proven
availability of
labour and the
most
competitive
region in the
British Isles
27PENINSULA HI-TECH LTD ULSTER SCIENCE & TECHNOLOGY PARK |
BEST PRACTICE REPRESENTATIVE 2018
PENINSULA HI-TECH LTD |
Lifestyle and leisure
Londonderry is a city renowned for its
friendly people, rich history, vibrant
culture and famous walls. Built in
the 17th century as defences for
settlers from England and Scotland to
effectively keep people out, the city
walls are now having the opposite
effect – attracting hundreds of
thousands of tourists every year.
Residents in Londonderry embrace a
lifestyle with excellent infrastructure
and public transport, top rated schools
and third level education, affordable
high-quality housing, high street and
boutique shopping. Londonderry
now offers so much more, thanks
to a recent boom in new top-class
accommodation and experiences
with a celebrated gastronomic and
vibrantnightlife.
Londonderry is accessible through its
own regional airport with connections
to principal cities on the UK mainland
as well as European destinations.
There is also an international airport
within one hour’s drive and a deep-
water port for industry and leisure.
This border city between Northern
Ireland and the Republic of Ireland
has a beautiful skyline and was
celebrated in 2013 as the UK’s very
first City of Culture. Londonderry
offers the perfect work-life balance for
companies hoping to locate here.
Looking to the future
Peninsula Hi-Tech Ltd maintains a
positive outlook on creating more
employment at the Ulster Science
& Technology Park.There are many
reasons to invest in the Ulster
Science & Technology Park, from our
skilled workforce to our advanced
infrastructure, competitive costs
and excellent support packages.The
lowest cost base, proven availability
of labour and the most competitive
region in the British Isles can be
accessed from locating on the Ulster
Science & Technology Park with high-
quality air-conditioned office space in
landscapedparkland.
Peninsula Hi-Tech Ltd offers flexible
lease terms, adaptable workspaces,
high-quality air-conditioned office
space, secure 24-hour access, support
services, meeting facilities, on-site
catering and free car parking.
Skilled
workforce,
advanced
infrastructure,
competitive costs
and excellent
support
packages
Building 3 USTP

www.wolverhamptonsp.co.uk/accommodation/our-buildings/our-accomodation/

This article was sponsored by Peninsula Hi-Tec. The Parliamentary Review is wholly funded by the representatives who write for it. The publication in which this article originally appeared contained the following foreword from Rt Hon Kwasi Kwarteng.

Rt Hon Kwasi Kwarteng's Foreword For The Parliamentary Review

By Rt Hon Kwasi Kwarteng

This year’s Parliamentary Review reflects on a tumultuous and extraordinary year, globally and nationally. As well as being an MP, I am a keen student of history, and I am conscious that 2020 would mark the end of an era. It will be remembered as the year in which we concluded Brexit negotiations and finally left the European Union. Above all, it will be remembered as the year of Covid-19.

In our fight against the pandemic, I am delighted that our vaccination programme is beginning to turn the tide – and I pay tribute to the British businesses, scientists and all those who have helped us to achieve this. But the virus has dealt enormous damage, and we now have a duty to rebuild our economy.

We must ensure that businesses are protected. We have made more than £350 billion available to that end, with grants, business rates relief and our furlough scheme supporting more than 11 million people and jobs in every corner of the country, maintaining livelihoods while easing the pressure on employers. The next step is to work with business to build back better and greener, putting the net zero carbon challenge at the heart of our recovery. This is a complex undertaking, but one which I hope will be recognised as a once in a lifetime opportunity.

Through the prime minister’s ten point plan for a green industrial revolution, we can level up every region of the UK, supporting 250,000 green jobs while we accelerate our progress towards net zero carbon emissions.

With our commitment to raise R&D spending to 2.4% of GDP and the creation of the Advanced Research & Invention Agency, we are empowering our fantastic researchers to take on groundbreaking research, delivering funding with flexibility and speed. With this approach, innovators will be able to work with our traditional industrial heartlands to explore new technologies, and design and manufacture the products on which the future will be built – ready for export around the globe.

And I believe trade will flourish. We are a leading nation in the fight against climate change. As the host of COP26 this year, we have an incredible opportunity to market our low-carbon products and expertise. Our departure from the EU gives us the chance to be a champion of truly global free trade; we have already signed trade deals with more than 60 countries around the world.

As we turn the page and leave 2020 behind, I am excited about the new chapter which Britain is now writing for itself, and for the opportunities which lie ahead of us.
Rt Hon Kwasi Kwarteng
Secretary of State for Business, Energy and Industrial Strategy