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
ourprestigeaccommodationprovides
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
Londonderryis 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 ageof 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
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