28/10/2011
'Rebuild Libya' Says Assembly Trade Committee MLA
There's gold in the desert according to a member of the Stormont Assembly's Enterprise Trade and Investment Committee.
Robin Newton, who is also Chairman of the Assembly's Business Trust and is an East Belfast DUP MLA, has called for a concerted effort to exploit Libya's emerging business opportunities and help physically rebuild the war-ravaged country.
He said: "Opportunities are presented following the downfall of Gaddafi's reign.
"A democratic government in this oil rich state offers opportunities for Northern Ireland.
"We have many skilled workers with engineering, construction and other technical skills who can make a contribution to developing Libya's infrastructure and maximising the country's oil reserves," he said.
"Rebuilding the economy will be a priority for the new government with the local economic downturn meaning businesses and individuals need to consider opportunities wherever they arise," he added.
"Libya has many problems but also offers opportunities to which western economies can make a positive contribution," said the former Junior Minister.
"This can be a win-win situation as Northern Ireland businesses replace lost turnover, local people get jobs and Libya benefits from our experience, knowledge and skills."
He also highlighted his DUP colleague and Executive Minister Arlene Foster's successful trade mission to Kurdistan in January this year and her return mission confirm the business openings in the Middle East and added: "Libya's interim government has stated they will stand by those who helped them in their struggle.
"The UK played a major role in deposing the tyrannical Gaddafi regime.
"With resolute and strenuous efforts across all the Assembly's departments, as a part of the UK, increased business in Libya can be won.
"However Libya's business doors will not stay open for long," he warned.
(BMcC)
Robin Newton, who is also Chairman of the Assembly's Business Trust and is an East Belfast DUP MLA, has called for a concerted effort to exploit Libya's emerging business opportunities and help physically rebuild the war-ravaged country.
He said: "Opportunities are presented following the downfall of Gaddafi's reign.
"A democratic government in this oil rich state offers opportunities for Northern Ireland.
"We have many skilled workers with engineering, construction and other technical skills who can make a contribution to developing Libya's infrastructure and maximising the country's oil reserves," he said.
"Rebuilding the economy will be a priority for the new government with the local economic downturn meaning businesses and individuals need to consider opportunities wherever they arise," he added.
"Libya has many problems but also offers opportunities to which western economies can make a positive contribution," said the former Junior Minister.
"This can be a win-win situation as Northern Ireland businesses replace lost turnover, local people get jobs and Libya benefits from our experience, knowledge and skills."
He also highlighted his DUP colleague and Executive Minister Arlene Foster's successful trade mission to Kurdistan in January this year and her return mission confirm the business openings in the Middle East and added: "Libya's interim government has stated they will stand by those who helped them in their struggle.
"The UK played a major role in deposing the tyrannical Gaddafi regime.
"With resolute and strenuous efforts across all the Assembly's departments, as a part of the UK, increased business in Libya can be won.
"However Libya's business doors will not stay open for long," he warned.
(BMcC)
Related Northern Ireland News Stories
Click here for the latest headlines.
29 July 2005
NI must become more enterprising to sustain economic growth
Northern Ireland can build on continuing economic growth by meeting the enterprise challenge of seizing and implementing new business opportunities. That was the message from Enterprise Minister Angela Smith, who published the latest Quarterly Economic Review on Thursday.
NI must become more enterprising to sustain economic growth
Northern Ireland can build on continuing economic growth by meeting the enterprise challenge of seizing and implementing new business opportunities. That was the message from Enterprise Minister Angela Smith, who published the latest Quarterly Economic Review on Thursday.
07 October 2015
Bombardier And Airbus End Talks Over CSeries Jet Investment
Aerospace firm Bombardier has confirmed it held talks with the Airbus Group over plans to invest in its CSeries jet program. However, in a statement both companies have said the discussions are "no longer being pursued". There has been a lack of sales in the Cseries for some time.
Bombardier And Airbus End Talks Over CSeries Jet Investment
Aerospace firm Bombardier has confirmed it held talks with the Airbus Group over plans to invest in its CSeries jet program. However, in a statement both companies have said the discussions are "no longer being pursued". There has been a lack of sales in the Cseries for some time.
19 February 2010
Small Businesses Get 'Secure' Opportunity
An innovation that is being billed as a unique business opportunity for Small & Medium Enterprises, (SMEs) and the civil security industry across all of Ireland has been launched.
Small Businesses Get 'Secure' Opportunity
An innovation that is being billed as a unique business opportunity for Small & Medium Enterprises, (SMEs) and the civil security industry across all of Ireland has been launched.
30 April 2021
Business Coach Bernie Allen Launches Free Webinar Series
Successful businesswoman and mentor, Bernie Allen, has launched a new series of free webinars to help businesses move forward following the most challenging period enterprise has ever experienced.
Business Coach Bernie Allen Launches Free Webinar Series
Successful businesswoman and mentor, Bernie Allen, has launched a new series of free webinars to help businesses move forward following the most challenging period enterprise has ever experienced.
10 November 2014
Google 'Juice Bar' To Help NI Businesses Get Online
Finance Minister Simon Hamilton is encouraging Northern Ireland business owners to book a place at an upcoming Google 'Juice Bar' event. The free event will take place on 26 November 2014 at the Ulster University Business School, in partnership with the Federation of Small Businesses (FSB).
Google 'Juice Bar' To Help NI Businesses Get Online
Finance Minister Simon Hamilton is encouraging Northern Ireland business owners to book a place at an upcoming Google 'Juice Bar' event. The free event will take place on 26 November 2014 at the Ulster University Business School, in partnership with the Federation of Small Businesses (FSB).
-
Northern Ireland WeatherToday:A cloudy day with outbreaks of mainly light rain at times, although there may be the odd heavier burst. Driest in the south and east during the afternoon. Moderate southwesterly winds. Maximum temperature 11 °C.Tonight:Staying cloudy throughout the evening and overnight period with a little rain or drizzle at times. Mild overnight with light winds. Minimum temperature 7 °C.