Magherafelt is one of the fastest growing areas within Northern Ireland. The area’s population is particularly youthful with 39% of the population being under 25 years of age.

The area’s network of Second Level and Higher Education Facilities contributes to the region’s well-educated and trained workforce. The area provides a competitive cost environment for setting up and operating new businesses. The area has easy access to ports and airports. The Port of Derry City is the UK’s most westerly deepwater port, Magherafelt is 30 miles from the Port. The regional airport for the North West of Ireland is the City of Derry Airport, it provides scheduled services directly to Glasgow, Manchester, Dublin and London Stanstead and currently handles 200,000 passengers annually. Magherafelt is located on the main Derry to Belfast traffic corridor.