Minister Bell Welcomes Invest Northern Ireland Performance Figures
Enterprise, Trade and Investment Minister Jonathan Bell has welcomed Invest Northern Ireland’s latest performance figures.
Speaking after the publication of today’s figures, Jonathan Bell said: “Invest NI was set new and stretching targets as part of the one year extension to the Programme for Government. This latest performance update shows they are well on track to deliver against, and in some cases exceed, the revised targets.
“By supporting local businesses to grow, and attracting new investors, Invest NI has helped promote over 39,000 new jobs across Northern Ireland over the last four and a half years. Based on its pipeline of projects for the remainder of this financial year the agency is confident it will exceed its revised PfG target of 41,000 jobs.
“This is an excellent outcome for Northern Ireland. With a wide range of projects across multiple sectors these jobs will provide opportunities for young people looking to get on the career ladder, to those returning to work and others progressing into more senior roles.
“There has also been a strong geographical spread of jobs, with projects announced in every council area. Across the four and a half years, 63 per cent of jobs have been outside Belfast. In the first six months of this financial year this rises to 79 per cent.
“Invest NI’s support over the last four and a half years has leveraged over £3.6bn of investment into the Northern Ireland economy. This is the result of businesses investing in research and development, recruiting new staff and upskilling their existing workforce as well as purchasing new machinery or equipment to make the business more efficient all of which is vital to ensure we remain ahead of the competition in this highly competitive global market place.”