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21/11/2024
Belfast Region City Deal Delivers Early Results
The Belfast Region City Deal, a decade-long investment program, is already making significant strides in delivering tangible benefits to the region. Three years after its inception, partners from the program recently visited Stormont to showcase the progress made so far.
With one project already operational, two under construction, eight in the design phase, four with planning approvals, and three skills assessments completed, the program is well on its way to delivering its ambitious goals. The investment is expected to create jobs, stimulate economic growth, and attract further private sector investment.
The Belfast Region City Deal is a testament to the power of collaboration between public and private sector partners.
Speaking at the event, Finance Minister Dr Caoimhe Archibald said: "I want to congratulate everyone involved in the Belfast Region City Deal. There has been fantastic progress so far, with over half the projects already in delivery.
"The funding from City and Growth Deals and the Complementary Fund will see the Belfast Region benefit from revitalised public spaces, innovation hubs with additional office spaces and improved transportation links. In addition, a continued focus on inclusivity and social value will help make the wider region a better place to live and work and I look forward to seeing all the projects continue to develop."
Chair of the Belfast Region City Deal Executive Board, John Walsh added: "We set out to deliver a decade of opportunities when the Belfast Region City Deal was signed almost three years ago, and today, it was great to share the significant progress that's been made, thanks to the strength of our partnership between the UK Government, NI Executive, six councils, two universities, Further Education colleges, and of course the private sector.
"We're pleased to see other Deals in Northern Ireland getting started – and I look forward to working together with our colleagues to share good practice and strengthen the NI economy. We're now fully into delivery mode in the Belfast region, and it's fantastic to see momentum continuing to build on our capital projects. But today's event isn't just about bricks and mortar – there's a raft of positive impacts already being made and created – in terms of skills pathways and talent development, creating new and better jobs, and connecting people to these opportunities. Social inclusion is at the heart of the Belfast Region City Deal programme of investment – and the private and third sector are already benefitting from a range of high value contracts. True partnership will always deliver more than the sum of its parts."
Professor Declan Keeney, Chief Executive at Studio Ulster, said: "Studio Ulster, located at Belfast Harbour Studios on the North Foreshore, is one of the first major projects delivered thanks to the Belfast Region City Deal co-investment. It represents a game-changing investment in Northern Ireland's creative and digital future. As one of the most advanced virtual production facilities globally, it combines cutting-edge technologies unmatched anywhere else in the world. The investment positions Northern Ireland at the forefront of the screen and gaming industries on a global stage. And through Ulster University's Screen Academy, we have a pipeline for the next generation of creative talent needed to excel in this rapidly evolving sector. And by bringing all these things together with workforce training, we are creating unparalleled opportunities for growth, innovation, and exciting jobs of the future."
Sam Turner, Chief Executive, Advanced Manufacturing Innovation Centre (AMIC) said: "Investment in AMIC will help future-proof Northern Ireland's outstanding manufacturing sector – by bringing together some of the biggest and best academic brains in advanced manufacturing with more than 20 of the region's top manufacturing businesses. Together, they're designing and specifying what we're calling The Factory of the Future. AMIC will accelerate levels of innovation and collaboration between industry and researchers and allow Northern Ireland to compete at the forefront of the global manufacturing industry. We've already recruited 20 staff and two major private sector firms have located alongside us at Global Point in Newtownabbey, so we're already seeing a cluster forming."
With one project already operational, two under construction, eight in the design phase, four with planning approvals, and three skills assessments completed, the program is well on its way to delivering its ambitious goals. The investment is expected to create jobs, stimulate economic growth, and attract further private sector investment.
The Belfast Region City Deal is a testament to the power of collaboration between public and private sector partners.
Speaking at the event, Finance Minister Dr Caoimhe Archibald said: "I want to congratulate everyone involved in the Belfast Region City Deal. There has been fantastic progress so far, with over half the projects already in delivery.
"The funding from City and Growth Deals and the Complementary Fund will see the Belfast Region benefit from revitalised public spaces, innovation hubs with additional office spaces and improved transportation links. In addition, a continued focus on inclusivity and social value will help make the wider region a better place to live and work and I look forward to seeing all the projects continue to develop."
Chair of the Belfast Region City Deal Executive Board, John Walsh added: "We set out to deliver a decade of opportunities when the Belfast Region City Deal was signed almost three years ago, and today, it was great to share the significant progress that's been made, thanks to the strength of our partnership between the UK Government, NI Executive, six councils, two universities, Further Education colleges, and of course the private sector.
Professor Declan Keeney, Chief Executive at Studio Ulster, said: "Studio Ulster, located at Belfast Harbour Studios on the North Foreshore, is one of the first major projects delivered thanks to the Belfast Region City Deal co-investment. It represents a game-changing investment in Northern Ireland's creative and digital future. As one of the most advanced virtual production facilities globally, it combines cutting-edge technologies unmatched anywhere else in the world. The investment positions Northern Ireland at the forefront of the screen and gaming industries on a global stage. And through Ulster University's Screen Academy, we have a pipeline for the next generation of creative talent needed to excel in this rapidly evolving sector. And by bringing all these things together with workforce training, we are creating unparalleled opportunities for growth, innovation, and exciting jobs of the future."
Sam Turner, Chief Executive, Advanced Manufacturing Innovation Centre (AMIC) said: "Investment in AMIC will help future-proof Northern Ireland's outstanding manufacturing sector – by bringing together some of the biggest and best academic brains in advanced manufacturing with more than 20 of the region's top manufacturing businesses. Together, they're designing and specifying what we're calling The Factory of the Future. AMIC will accelerate levels of innovation and collaboration between industry and researchers and allow Northern Ireland to compete at the forefront of the global manufacturing industry. We've already recruited 20 staff and two major private sector firms have located alongside us at Global Point in Newtownabbey, so we're already seeing a cluster forming."
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