Belfast Telegraph

Foster in pitch for new investments

By Margaret Canning

Enterprise Minister Arlene Foster promoted Northern Ireland’s strengths to potential investors at a global investment conference in London yesterday.

Around 140 top business representatives from the UK and abroad attended the conference, which was opened by Prime Minister Gordon Brown.

The conference was convened to address challenges to global investment and to promote investment opportunities across the UK.

The minister also held meetings and fulfilled engagements in London to promote Northern Ireland as a location for investment.

“At a time when the global competition for mobile investment is greater than ever, it was important that I was here today to reinforce the very clear message that Northern Ireland has a strong proposition to potential investors,” she said afterwards.

“In comparative terms, Northern Ireland has consistently performed better than many other UK regions. Recent investments, such as those secured from NYSE Euronext and Seagate Technologies, demonstrate that we can meet the needs of the most advanced sectors.”

The minister, along with Invest Northern Ireland, held private meetings with a small number of chief executives from organisations identified as prospective investors to outline in detail Northern Ireland’s investment proposition.

Arlene Foster also welcomed yesterday’s announcement by Bombardier Aerospace in Belfast that it had placed two major supply contracts for the C Series aircraft programme with UK companies. She said the contracts were further evidence of the benefits of the programme to the UK.

At the conference, Mr Brown pledged that his Government would support entrepreneurs investing in the UK, and launched a new investors' charter and tax framework for business designed to make Britain the best place in Europe for inward investment.

The Prime Minister said he was committed to re-establishing Britain as a “low debt economy”.

Belfast Telegraph