Shannon Free Zone (SFZ) has landed major international recognition as a centre of excellence for foreign direct investment by winning an “fDi Magazine Global Free Zones of the Year” award as the best Free Zone in Western Europe.
fDi Magazine, part of the Financial Times group, specialises in Foreign Direct Investment (fDi), investment promotion, and Free Zones.
In addition to winning the Western Europe award, SFZ also triumphed by claiming the ‘Specialism Award for Aviation.’ The judges described Shannon as “a globally recognised centre of excellence for aerospace” and noted the role of Shannon’s International Aviation Services Centre (IASC) in the success of the SFZ.
Shannon Chamber and Shannon Group prepared a joint entry for the prestigious award, which comes on the back of the recent success of Shannon Airport – also part of Shannon Group – in winning the Airport of the Year Award from the European Regions Airline Association (ERA) for the second year in a row.
The annual Global Free Zones of the Year awards from fDi Intelligence – a division of the Financial Times Ltd – celebrate the zones that are best in class, be it within their respective regions, at providing for a particular size of client, or improving their offering through reinvestments, expansions or upgrades.