Strong Invest NI 2012/13 Performance in Londonderry to Deliver 500 New Jobs

Jun 21, 2013

Invest Northern Ireland 2012/13 performance results for the Derry District Council area show an increase in jobs promoted and almost double the level of support offered to companies in the council area than in the previous year.

Invest NI made offers totalling £7.8 million which secured almost £32 million of investment commitments from businesses in the area. These projects promoted 481 new jobs, up 18 per cent on the previous year. Of the 481, 200 were as a result of foreign direct investment (FDI).

Des Gartland, Manager of Invest NI’s North West Regional Office said: “This is a positive performance by Invest NI in the Derry District Council area.

“The support offered in 2012/13 is almost double that of the previous year and I hope that goes some way to addressing the criticism and concerns which have been directed at Invest NI about its performance here.

“Invest NI is fully committed to working in partnership with local stakeholders to ensure that every region is positively portrayed and can maximise its success in securing investment projects.

“In addition to the above support, Invest NI and the European Regional Development Fund, are supporting a number of Local Economic Development projects in the north west. These are managed by local councils and will ultimately see over £5.5m of funding being offered to develop programmes that will specifically address the needs of businesses in each council area and boost local economic development.”

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