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17/12/2008
Cross-Border Projects To Be 'Recession Beaters'
Funding for two significant cross-border research projects - which will have a positive effect on the Northern Ireland economy - have been announced this week.
Employment and Learning Minister, Sir Reg Empey, said the funding was part of the Executive's response to the economic downturn, programmes which are expected to benefit the economy and society as a whole have been identified.
Sir Reg said: "The two cross-border research projects identified have the potential to generate real long term gain.
"Tangible results are within our grasp and the likely job creation and foreign and direct investment the projects will attract will benefit our economy in both the short and long term," he commented.
The projects, both of which are partnered by Queen's University, Belfast, will receive just under £3 million in total.
The projects are the building of an internationally recognised all-Island Research Centre in sustainable engineering and manufacturing and the development of new treatment options for cancer sufferers.
The Minister concluded: "The Executive has always claimed that the economy is its number one priority and now is the time to illustrate our words with actions. We must all show our commitment to underpinning the economy here and these projects will undoubtedly help achieve this goal."
(BMcC)
Employment and Learning Minister, Sir Reg Empey, said the funding was part of the Executive's response to the economic downturn, programmes which are expected to benefit the economy and society as a whole have been identified.
Sir Reg said: "The two cross-border research projects identified have the potential to generate real long term gain.
"Tangible results are within our grasp and the likely job creation and foreign and direct investment the projects will attract will benefit our economy in both the short and long term," he commented.
The projects, both of which are partnered by Queen's University, Belfast, will receive just under £3 million in total.
The projects are the building of an internationally recognised all-Island Research Centre in sustainable engineering and manufacturing and the development of new treatment options for cancer sufferers.
The Minister concluded: "The Executive has always claimed that the economy is its number one priority and now is the time to illustrate our words with actions. We must all show our commitment to underpinning the economy here and these projects will undoubtedly help achieve this goal."
(BMcC)
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