HC Deb 29 June 1995 vol 262 c779W
27. Mr. Elletson

To ask the Secretary of State for Northern Ireland if he will make a statement about inward investment to the Province. [29828]

Mr. Ancram

In 1994–95, 10 new inward investment projects offering almost 2,000 jobs were negotiated by the Industrial Development Board for Northern Ireland and a target of 20 projects offering 4,500 jobs has been set for 1995–96.

The peace process and growing business confidence are providing new opportunities to reposition Northern Ireland as a prime investment location. The new and more positive image of Northern Ireland is enhancing the credibility of the IDB in discussions with potential investors. Resources are being increased to capitalise upon this new business opportunity, particularly in the United States.