Investing to create opportunities and tackle disadvantage

Our urban centres and their hinterlands play an important role in driving competitiveness and economic growth. We must continue to make our cities attractive places to live, work and invest in order to grow our economy, create opportunities and tackle disadvantage in all parts of the region.

Belfast and Derry~Londonderry continue to capture the attention of many. They are becoming more cosmopolitan European cities with lively shopping, fashionable new restaurants and exciting entertainment. The number of hotel rooms has risen to match the needs of millions of visitors.

•  In Belfast, private developments such as Victoria Square, Titanic Quarter and Cathedral Quarter are complemented by major public investment including the upgrade of the Westlink, which links the M1, M2 and M3 motorways; Belfast sewers projects; transport improvements through the new metro bus system; and the introduction of quality bus corridors and park and ride facilities. The Paint Shed in Titanic Quarter is now a major film production facility used by leading US producers.

•  Derry~Londonderry has strongly positioned itself as a cultural and digital hub. Winning the inaugural UK City of Culture competition has renewed its energy and given impetus to the new regeneration plan for the city. We will build on the strong existing assets of the Walled City of Derry~Londonderry and its scenic hinterland. Other strengths include a relatively young population and a university providing a vital flow of skilled labour to local and international investors. A significant programme of regeneration is underway, led by Ilex, in partnership with Derry City Council.

Through the Investment Strategy we will also seek to tackle regional disadvantage by addressing the issues that affect our rural communities: tackling poverty, encouraging diversification, enhancing connectivity and improving the overall quality of service provision.