Local Economy in Lisburn Castlereagh
Lisburn Castlereagh City is a key part of one of the UK’s largest metropolitan areas with access to one million people within 30 minutes.
The City region is undergoing an unprecedented period of growth and transformation with the full support of the Council and its Economic Vision of establishing Lisburn Castlereagh City as a leading and dynamic business destination.
One of the main strengths of the Lisburn Castlereagh City economy is its skills profile with the proportion of residents with no formal qualifications lower than any Council area in Northern Ireland. Improving the skills profile is essential to the future prosperity of the local economy and remains to be a top priority for the Council, who works in partnership with local Universities and South Eastern Regional College to deliver this. Investment in this area benefits the economy and also individuals and local employers.
Characterised by competitive labour costs, the local workforce is highly professional, with a high concentration of senior managers and technical personnel. There is also a large number of school leavers and graduates keen to avail of local skilled and semi-skilled careers. Lisburn Castlereagh City has a young and multi-skilled, English speaking workforce with 70% of the population economically active.Home to multinationals such as Coca-Cola, Assa Abloy and Bombardier, and a thriving SME sector, Lisburn Castlereagh City has 4,300 registered businesses, accounting for 6% of all the businesses in Northern Ireland. There are endless opportunities for business to grow, relocate or take advantage of our diverse supply chain.