Thriving Industries of the North of Ireland

Belfast-InvestNorthern Ireland traditionally had a strong industrial economy, focusing on linen production and shipbuilding. At one point Belfast possessed one of the world’s largest shipyards. These shipyards built the world’s most famous ship; The Titanic. This was celebrated through the recent completion of Titanic Belfast, the world’s largest Titanic visitor center, which allows visitors to learn about the thriving industry, city and people who made the now notorious ship. Although, this is a much prided part of the city’s history, it is very much just that, history.

The North of Ireland now has a developed manufacturing and engineering industry and is home to many companies specializing in areas such as; aerospace & defense, electronics, construction and consumer products. This is one of the largest sectors in Northern Ireland accounting for 11% of employment.

Additionally, Belfast has made a name for itself in one of technology’s fastest growing areas, financial technology. A combination of a highly qualified workforce, competitive operating costs have helped to encourage and support this growth. As a result many financial services giants such as Citi, The Allstate Corporation, Liberty Mutual and Chicago Mercantile Exchange have thriving offices here.

Another rapidly growing industry is the creative industry, specializing in cultivating creative talent for commercial purposes. This involves areas such as film and television production, performing arts, music, visual effects and design. In particular, recent years have seen high profile television productions, such as Game of Thrones and The Fall, film in Northern Ireland.

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