HC Deb 19 July 1990 vol 176 cc715-6W
14. Mr. Robert G. Hughes

To ask the Secretary of State for Northern Ireland if he will make a statement on inward investment in Northern Ireland.

Mr. Needham

Northern Ireland has achieved its best-ever year for inward investment since the Industrial Development Board was formed in 1982. A total of 14 projects were secured promoting almost 2,000 new jobs.

38. Mr. Ian Bruce

To ask the Secretary of State for Northern Ireland if he will make a statement on the progress of inward investment in the Londonderry area and the jobs created.

Mr. Needham

Of the 14 new inward investment projects secured by the Industrial Development Board in 1989–90, three have chosen to locate in Londonderry, promoting 620 new jobs.

43. Mr. Andy Stewart

To ask the Secretary of State for Northern Ireland if he will make a statement on the current levels of private sector investment in Belfast.

Mr. Needham

I am pleased to report that private investment in Belfast has increased dramatically in recent years. In the city centre alone, major projects completed in the past five years, under way or programmed total £573 million. In addition, during the past five years the Industrial Development Board has backed industrial projects with a total planned investment of £177 million.

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