Giant’s Park: New Belfast technology park for 'clean tech' industries to be unveiled
Businesses and developers working in the renewables sector now have the chance to be part of Belfast’s new £9.5m technology park.
Weekly Business Digest Newsletter
Giant’s Park, which is located in north Belfast, will be officially unveiled today.
It’s an ambitious project which is aiming to create 400 new jobs.
And the part-Government funded scheme, which has received cash from Belfast City Council, Invest NI and the EU, is offering those working in the renewables, recycling and other so-called ‘clean tech’ industries to take on sites on the development.
They range from 0.5 acres, right up to 30 acres — allowing businesses of varying sizes to get involved.
The site is being marketed by commercial property firm Lisney.
Work to create the new ‘clean tech’ hub is currently under way.
It will be the first of its kind in Northern Ireland, with grand hopes of turning Belfast and Northern Ireland in to a “world leader” in the sector.
The 340-acre development is the largest regeneration site in the city, offering potential to deliver economic, social and physical benefits for Belfast, those behind the scheme have said.
It’s hoped the hub could be finished by the end of 2016.
Speaking about the project earlier this year, Enterprise Minister Jonathan Bell said the “development of a new £9.5m environmental resource park at Giant’s Park is great news for Belfast and for Northern Ireland”.
He added: “Bringing together companies working in renewable energy, recycling and other environmental technologies the environmental resource park will develop an innovative clean tech business cluster, the first of its kind here.
“This has the potential to make Northern Ireland a world leader in investment in green technology and attract further opportunities.”
The project is jointly funded by Invest NI, which has put forward £2m, Belfast City Council £3.5m, while it has also received £4m from the EU.
The minister said the development “has the potential to create up to 400 green collar jobs, enhance Northern Ireland’s economic infrastructure, encourage innovation, collaborative research and development and develop the green economy”.
“The project is part funded through a European funding programme that specifically supports local economic development.
“It is a great example of how local councils can bring forward projects that will specifically address the economic needs of their area and develop solutions that will not only benefit locals businesses but also help them attract inward investment.”