6. SWOT Analysis Based on the findings of the Socio-Economic Analysis, the purpose of the SWOT analysis is to identify strengths, weaknesses, opportunities and threats related to Cork city. This provides guidance as to the key areas where the LECP should focus and the additional services and facilities which may be required.
Strengths • Population is increasing and Cork City is the fastest growing city in Ireland. • Strong economy with employment opportunities across various sectors. • Strong record in attracting and retaining Foreign Direct Investment. • Cork City is the second largest fluent English-speaking city in the European Union. • Excellent business networks/organisations which support new business ventures and inward investing companies. • Significant supports for entrepreneurs at all stages. • International airport serving major British and European locations. • Home to two major universities which cater to more than 38,000 students each year. • High Quality of Life • A learning, WHO Healthy and Age Friendly City. • A diverse City benefitting from the presence of strong multinational communities. • Low levels of Deprivation • Strong community and voluntary sector • Strong record of inter-agency works to help minorities. • UNESCO Learning City
Weaknesses •
Skills shortage in certain sectors
• 10.6% people in Cork City have no formal education. • Continued concentration of deprivation in Cork City’s RAPID areas. • Lack of public transport options compared to other European cities. • Cork City’s citizens are over reliant on the private car as their primary mode of transport negatively the city’s campaign to tackle climate change.
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