19/10/2009

US-Backed Jobs Boost Announced

There's good news on the way for Northern Ireland which is to receive major US investment creating hundreds of jobs.

Details of the high-profile project were unveiled this morning - with the dramatic move being seen as a vote of confidence in the peace process despite the delays in devolving policing and justice powers to the Stormont Assembly.

The announcement comes only days after US Secretary of State Hillary Clinton met politicians in Belfast for talks.

Today, New York Stock Exchange (NYSE) Chief Executive Duncan Niederauer announced his plans in Belfast alongside Northern Ireland's First Minister and Deputy First Ministers.

He said the skills base of the region's workforce, and the personal relationship struck up with Stormont leaders led to the investment.

He also said that recruitment for the posts will take place over the next two years with the mainly technical jobs, based in Belfast city centre.

The NYSE bought a Belfast software company called Wombat 18 months ago and Invest NI have been talking to them ever since about expanding and will now provide up to £9.6m to support the project.

The total of 400 jobs include 75 of which have previously been announced.

Stormont First Minister Peter Robinson welcomed the plans: "Today's announcement that NYSE Euronext intends to expand its operations and staff in Belfast is yet another positive step forward by Invest NI in the growth of our local financial services sector, particularly at a time when global competition for such investment has never been higher.

"NYSE Technologies is an enterprise which works at the very core of the trading world, developing advanced software solutions for global trading markets."

(BMcC/KMcA)

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