Shannon Group to spend €4m on property redevelopment

State-owned Shannon Group plans to spend €4 million redeveloping properties at the free zone close to the midwestern airport.

The company is refurbishing two existing buildings, known as bays 135 and 137, at Shannon Free Zone West to create more than 3,000sq m for offices and light engineering.

Shannon said on Tuesday that the work would cost €4 million. The State company has hired Ennis, Co Clare-based Jada Construction to do the work.

Commenting on the development, Shannon Group chief executive Mary Considine said: "Despite the challenge our business has faced throughout the pandemic, we have continued to improve our customer facilities and offering.

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“This is why it’s full steam ahead with our 2022 property development strategy for our Shannon Campus, providing quality property solutions to attract indigenous and FDI investment. Initiatives like this support the Government 2040 Plan and will help drive employment growth to the region.”