PARLIAMENTARY WRITTEN QUESTION
Foreign Investment in UK: Northern Ireland (23 October 2024)

To ask the Secretary of State for Northern Ireland, what steps his Department is taking to help attract foreign direct investment in (a) the Mid-South West and (b) Causeway Coast and Glens in Northern Ireland; and what steps his Department plans to take to promote Northern Ireland's dual market access to help attract investment into these regions.

Asked by:
Dr Al Pinkerton (Liberal Democrat)

The UK Government’s investment of £126 million into the Mid South West Growth Deal and £36 million into the Causeway Coast and Glens Growth Deal will be focused on digital and innovation projects that take advantage of the opportunities of the future. The two Deals’ ambitious projects will create high-value jobs, increase skills and employability, and create exciting opportunities for foreign direct investment into the two regions.

Northern Ireland enjoys many advantages as a great place to invest and do business, including being part of the UK internal market and enjoying access to the EU single market for goods, and the Government takes every opportunity to make this case to investors.

Answered by:
Hilary Benn (Labour)
30 October 2024