Invest NI Secures Almost £448m of Investment and Over 5,500 New Jobs in the Belfast City Council Area
Invest Northern Ireland support during 2014/15 has secured almost £448 million of investment by businesses in the Belfast City Council area.
With Invest NI support, 5,544 new jobs were promoted in 2014/15 and a total of 1,248 offers of support were made to businesses in the area.
Commenting on the results, Moira Loughran, Invest NI’s Eastern Regional Manager, said: “We have had yet another record breaking year and secured major investment for the Belfast City Council area. To support and help businesses grow we provided over £85million of assistance to companies in the Belfast area.
“As well as promoting 5,544 new jobs which will be created in the coming years, 2,678 new jobs were actually created in 2014/15. This is a tremendous achievement and will go a long way in ensuring a real and positive impact to the Northern Ireland economy.
“It was a year of many highlights with major investment commitment from locally owned companies such as Kainos, the second largest job project we supported by a local company with the promotion of 403 new jobs, 372 of these committed to the Belfast City Council area.
“We also helped support a number of large expansions by externally owned companies such as PricewaterhouseCoopers, Deloitte, EY, and Citibank which collectively will create 1,881 new jobs.”
As well as a strong in year performance, over the Programme for Government period Invest NI supported almost £1.5bn of investment in the Belfast City Council Area and the promotion of 14,038 new jobs. 8,213 new jobs were actually created during this period.
“It is important that we continue to build on our achievements in Belfast through investment, research & development and innovation which are all key to maintaining growth momentum”, continued Moira.
“It is encouraging to see investment in skills development has increased by over 200 per cent which shows a strong commitment by businesses here to develop the skills needed to support future business growth.
“I would encourage businesses within the area to continue working with us to help to continue to support and assist their businesses to grow.”