£40m Olympics boost for companies
Published 28/07/2011 | 15:22
Northern Ireland companies have won £40 million worth of business through the London Olympics, it has been revealed.
From helping broadcast events to providing wood shavings for the equestrian section, 43 local firms have secured contracts.
It is a year until the London 2012 Olympics opening ceremony.
Enterprise Minister Arlene Foster said: "The number of Olympics contracts awarded show that businesses here can compete successfully for work associated with this major, iconic event. Furthermore, several local food companies are currently bidding to provide food and drink to participants, organisers and visitors."
HJ Martin in Belfast will work within the international broadcasting centre and Boyd Bedding from Newtownstewart, Co Tyrone, will supply wood shavings for the horse events.
Logan's Travel, Dunloy, Co Antrim, and Translink will provide coaches for the Games. Cunningham Covers in Maghera will produce huge tarpaulin covers for the beach volleyball centre. The McGrath Group, Lisburn, has carried out metal work for the Olympic Stadium and Macrete Concrete, Toomebridge, Co Antrim, provided support structures for bridges and roads in the Olympic Park.
A further £350 million worth of contracts for products and services are still to be placed and the contracts will be handed out right up until the start of the events.
Invest NI has supported companies bidding for 2012 business.
Ms Foster added that Invest NI is already working to help companies secure business from other forthcoming international sporting events, especially the Commonwealth Games in Glasgow in 2014, the Winter Olympics 2014 at Sochi, Russia, the 2014 FIFA World Cup in Brazil and the 2016 Olympics and Paralympics in Rio de Janeiro.