Project Dunkettle - Pfizer
 
Location


The Facility is located in Dunkettle, Little Island, County Cork, approximately 10 kilometres from Cork, a major city on the south coast of Ireland. Cork is a university city with a highly educated population of 257,000, with 37% under the age of 25. The local third-level education institutions, University College Cork (UCC) and Cork Institute of Technology (CIT) provide science and pharmacy degree courses, research, and customized training. 13 of the world’s largest Pharmaceutical companies have facilities in Ireland. Cork is a recognized center of excellence for the Pharmaceuticals sector in Ireland and companies such as Pfizer, Eli Lilly, Novartis, GlaxoSmithKline, J&J, Centocor, Merck Sharp & Dohme, Janssen and Schering-Plough are all based in the Cork area. Pharmaceutical exports comprise over 36% of Ireland's total exports.

Location

Local transport is well established with an excellent road infrastructure, a suburban rail corridor, a city and national bus network and more than 40 airlines providing regular service throughout Europe. The port of Cork is located in one of the world’s largest natural harbors. The port currently handles all five shipping modes with an annual throughput of approximately 9.5 million tons. The Facility’s location offers excellent distribution links to worldwide customers and suppliers (including the US, Canada and Japan).

Investors who have already chosen Cork as their location provide the following checklist of other indigenous benefits that influenced their decisions:

  • Attractive Corporation Tax rates of 12.5% and a scheme of tax credits for Research and Development Activity
  • Access to a skilled and experienced workforce
  • Two (2) local Universities with a steady flow of Life Sciences graduates
  • Excellent relationship with the local communities
  • Strong environmental record
  • A tax regime which encourages the establishment of Corporate Headquarters and Holding Companies
  • Membership of European Monetary Union (Euro Zone) - the sole English-speaking member
  • Extensive Business Support Systems
  • Established Pharmaceutical Center of Excellence



PharmaBioSource DTZ