Belfast Telegraph

100 foreign delegates sign up for G8 spin-off investment conference

By David Elliott

Potential inward investors from the US, France, China, Japan and China have confirmed they'll attend next week's investment conference, according to the Office of the First and Deputy First Minister.

It said the conference, announced by Prime Minister David Cameron at last summer's G8 meeting in Fermanagh, will be used to try and persuade overseas companies to set up a base on these shores and current inward investors to expand further.

Details of which companies the "senior business representatives" work for has been kept under wraps but OFMDFM said over 100 delegates had committed to the two-day event.

Held on October 10 and 11, the plan is to woo delegates with what's on offer in the Northern Ireland economy, from skills in the workforce, and from real estate to finance.

The experiences of current inward investors will be a big part of the two-day event.

Financial services firm Vello, insurance specialist Allstate and lawyers Herbert Smith and Allen & Overy will all be joining in the call to try and attract more of their ilk to these shores.

Deputy First Minister Martin McGuinness said others will be joining the stage: "Senior executives from HBO, Bombardier, Seagate, Allstate and Caterpillar will be taking to the stage at the conference to share their experiences of investing here. Their involvement will provide excellent first-hand testimonials of why it is good to do business in the north of Ireland."

And First Minister Peter Robinson said the foreign direct investment is important to Northern Ireland.

"This investment conference will provide an excellent opportunity for Northern Ireland to build an economic legacy on the back of the highly successful G8 Summit.

"Foreign investment into Northern Ireland is hugely important to our economy.

"As well as bringing new jobs it also provides excellent benefits for our local businesses, including supply chain and joint venture opportunities."

Belfast Telegraph

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