Chamber News


Invest NI needs to do more to support the North West

Invest NI needs to do more to support the North West

In response to the statistical analysis conducted by The Detail on the size of Invest NI support for different parts of NI, the Londonderry Chamber of Commerce issued the following statement.

"The scale of Invest NI's focus on Greater Belfast is very disappointing, though no surprise.  The figures released by The Detail confirm the complaints made by the North West over several years.

"The Londonderry Chamber of Commerce is very keen that more investment comes to Derry/Londonderry.  While we support the economic development of Belfast and its suburbs, this must not be at the expense of Northern Ireland as a whole.

"We would like Invest NI to bring more potential investors to the North West and we believe there are strong grounds for greater levels of financial and skills development support to be made available to areas of high unemployment.

"Having said that, we recognise that, unfortunately, Invest NI does not have a remit to favour areas of highest unemployment.  Only the Northern Ireland Executive and Assembly can direct it do that.  We urge our politicians to step up to the mark to address the sub-regional disparities in Northern Ireland and to ensure there is an increase in employment in all places.  This requires more than action by Invest NI.  It also requires greater investment in skills and training in the North West and urgent investment into our road network, in particular our connections with Belfast and Dublin."