Mr. John D. Taylor
To ask the Secretary of State for Northern Ireland what is the budgeted contribution of public funds to the proposed Foyle shopping centre in the city of Londonderry; from which sources these public funds are being made available; and what is the estimated total cost of the Foyle centre.
§ Mr. Tim Smith
The public sector contribution to the Foyleside shopping centre comprises an offer of urban 45W development grant of up to £7.5 million and the transfer of the site at a nominal value. The Department of the Environment for Northern Ireland is the funding source. The total cost is estimated to be £65 million.