A £57.4m investment at Derry-based mulitnational Seagate Technology, that will result in the creation of 25 new jobs has been welcomed by the Chamber of Commerce.
The company has confirmed it is investing £47.4m into its local operation with a further £9.95 promised from InvestNI.
Chamber President Brian McGrath said: “It is great to see that the investment will create 25 highly skilled jobs and will bring a number of important economic benefits to the area. This is a clear indication and endorsement that the North West is an important place to do business and emphasises that we have impressive talent and ability throughout the region.
As President of the Londonderry Chamber of Commerce I am looking forward to seeing this investment come to fruition.”