16/08/2012

Golden Opportunities For NI In World Sports

Invest Northern Ireland is encouraging and will assist local companies to grasp golden business opportunities from forthcoming international sporting events.

Around 40 companies were briefed by Invest NI last week about business opportunities worth around $50 billion a year developing from a series of international sporting events scheduled to 2022. The event was held to launch a unique Guide to International Sporting Events – Supply Chain Opportunities 2012-22 developed by Invest NI to help Northern Ireland businesses identify and understand how they can access sport event related business abroad.

The guide outlines opportunities arising from major events such as:

•World Student Games, Kazan, Russia 2013

•Commonwealth Games in Glasgow 2013

•Winter Olympics, Sochi, Russia 2014

•FIFA World Cup, Brazil 2014

•Olympics and Paralympics, Rio de Janeiro 2016

•FIFA World Cup, Russia 2018

•FIFA Qatar 2022

Dr Vicky Kell, Invest NI Trade Director, commenting on the new guide, said: "The current 2012 Olympics and Paralympics in London highlights the tremendous business opportunities for companies across a range of industries including construction and food.

"Encouragingly upwards of 40 local companies, including H&J Martin, Lagan Holdings, Richardson Contracts and Boyd Bedding have won substantial contracts from the Olympics in London.

"The success of these and other local companies led us to develop the new guide as part of our extensive commitment to help to accelerate the growth in exports.

"The FIFA World Cup and the Olympics/Paralympics are now clearly some of the most important investment projects today. Major infrastructure projects are currently being developed, for example, in Brazil to facilitate hosting of both the World Cup in 2014 and the Olympics/Paralympics 2016."

(CD/GK)

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