Shannon Free Zone

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The Shannon Free Zone is a 2.43 square kilometres (600 acres), international business park adjacent to Shannon Airport, County Clare, in Ireland. It is 18 km from Ennis and 20 km from Limerick. It was established in 1959, as the world's first "modern" free-trade zone.^[1] Businesses based on the site enjoyed special tax incentives on staff and profits until 2003, which attracted a large number of multinational companies to the area.^{[citation needed]}