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 The Rt Hon Theresa May MP.

The Rt Hon Theresa May MP's Foreword For The Parliamentary Review

By The Rt Hon Theresa May MP

This foreword from the then Prime Minister appeared in the 2018/19 Parliamentary Review.

British politics provides ample material for analysis in the pages of The Parliamentary Review. For Her Majesty’s Government, our task in the year ahead is clear: to achieve the best Brexit deal for Britain and to carry on our work to build a more prosperous and united country – one that truly works for everyone. 

The right Brexit deal will not be sufficient on its own to secure a more prosperous future for Britain. We also need to ensure that our economy is ready for what tomorrow will bring. Our Modern Industrial Strategy is our plan to do that. It means Government stepping up to secure the foundations of our productivity: providing an education system that delivers the skills our economy needs, improving school standards and transforming technical education; delivering infrastructure for growth; ensuring people have the homes they need in the places they want to live. It is all about taking action for the long-term that will pay dividends in the future.

But it also goes beyond that. Government, the private sector and academia working together as strategic partners achieve far more than we could separately. That is why we have set an ambitious goal of lifting UK public and private research and development investment to 2.4 per cent of GDP by 2027. It is why we are developing four Grand Challenges, the big drivers of social and economic change in the world today: harnessing artificial intelligence and the data revolution; leading in changes to the future of mobility; meeting the challenges of our ageing society; and driving ahead the revolution in clean growth. By focusing our efforts on making the most of these areas of enormous potential, we can develop new exports, grow new industries and create more good jobs in every part of our country.

Years of hard work and sacrifice from the British people have got our deficit down by over three quarters. We are building on this success by taking a balanced approach to public spending. We are continuing to deal with our debts, so that our economy can remain strong and we can protect people’s jobs, and at the same time we are investing in vital public services, like our NHS. We have set out plans to increase NHS funding annually by an average by 3.4 percent in real terms: that is £394 million a week more. In return, the NHS will produce a ten-year plan, led by doctors and nurses, to eliminate waste and improve patient care.

I believe that Britain can look to the future with confidence. We are leaving the EU and setting a new course for prosperity as a global trading nation. We have a Modern Industrial Strategy that is strengthening the foundations of our economy and helping us to seize the opportunities of the future. We are investing in the public services we all rely on and helping them to grow and improve. Building on our country’s great strengths – our world-class universities and researchers, our excellent services sector, our cutting edge manufacturers, our vibrant creative industries, our dedicated public servants – we can look towards a new decade that is ripe with possibility. The government I lead is doing all it can to make that brighter future a reality for everyone in our country. 

British politics provides ample material for analysis in the pages of The Parliamentary Review 
The Rt Hon Theresa May MP
Prime Minister