AEC Business Forum
About the AEC
In 2015 Chamber of Commerce and a Group of Action Oriented Partners along 9 Western Counties (Donegal, Sligo, Leitrim, Roscommon, Mayo, Galway, Clare, Limerick, Kerry) signed up to a Charter to develop the Atlantic Economic Corridor (AEC). 2,725 Businesses employing more than 80,000 people operate within the AEC. The vision of developing a ‘city of scale effect’ will enable the AEC to present opportunities for investment and job creation, bringing wealth and population growth to the region, resulting in a more balanced economy in the country as a whole.
The AEC Business Forum believes that a structured approach must be taken to underpin investments in infrastructure, strategic sectors in the region and in skills and capabilities of people to deliver a more diverse and strengthened economy and much higher living standards for the whole population within the corridor.
In the National Planning Framework – Project Ireland 2040, it is expected that the population of the country will increase by one million people with 75% of this growth taking place outside the greater Dublin area. Any business, small or large, will have rolling multi-year strategic plans in place. Such plans will ensure the business plays to its’ strengths, is viable in the short term and has a growth plan requiring investments and deliverables, fully explained and agreed with stakeholders.
Businesses are very much part of the fabric of the communities where they operate. There is an interdependence between business, community and state where all three must work in partnership for the mutual benefit of each other and the region as a whole. There is now an opportunity and indeed an obligation on business and business leaders to bring their economic planning expertise to the fore and more actively engage, and lead on regional and national economic planning for the benefit of future generations.