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24/07/2013
41% Jump In NI's Foreign Investment Projects
A new report from UK Trade and Investment has revealed that there has been a "significant" increase in the number of Northern Ireland's foreign investment projects.
Last year, the region benefited from 38 projects, compared to 27 the year previously, a surge of 41%.
However, NI still falls behind Scotland and Wales in terms of foreign investment.
Last year, Scotland secured 111 projects (an increase of 16%), while Wales attracted 67 projects (a rise of 191%).
Trade and Investment Minister Lord Green said: "The UK has received a major vote of confidence from foreign investors confirming that the UK remains a world leading business destination.
"Attracting foreign investment is an important element of the UK Government's economic and growth programme and UKTI will continue to work with companies to help create and sustain a globally attractive, highly competitive and truly international economy."
(JP/CD)
Last year, the region benefited from 38 projects, compared to 27 the year previously, a surge of 41%.
However, NI still falls behind Scotland and Wales in terms of foreign investment.
Last year, Scotland secured 111 projects (an increase of 16%), while Wales attracted 67 projects (a rise of 191%).
Trade and Investment Minister Lord Green said: "The UK has received a major vote of confidence from foreign investors confirming that the UK remains a world leading business destination.
"Attracting foreign investment is an important element of the UK Government's economic and growth programme and UKTI will continue to work with companies to help create and sustain a globally attractive, highly competitive and truly international economy."
(JP/CD)
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Invest NI announces successful year
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Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
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£1.25m For Belfast Community Projects
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20 community regeneration projects across Belfast have received funding totalling £1.25m from the City Council. The funding is part of £5m set aside for the Local Investment Fund (LIF). Just under £1.3m is earmarked each to the North, South, East and West of the city and a further £490,000 allocated for the Shankill area.
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£8m Stimulus Package Sought For Infrastructure Projects
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£8m Stimulus Package Sought For Infrastructure Projects
Sinn Féin have announced that it is working to secure a £8.24m (€1bn) stimulus package for infrastructure projects. Martina Anderson, MEP, made the announcement during an event hosted in Knock Presbyterian Church on Tuesday night to discuss European issues.
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