Belfast City Council pulls out of Euro exhibition to save money
Belfast City Council has declined to send representatives to one of the world’s largest property exhibitions in an attempt to save money.
The council — Northern Ireland’s largest local authority — has sent councillors and officers to the massive event in Cannes every year since 2000 and in 2010 forked out £20,000 to host a promotional stand in conjunction with Lisburn and Derry City Councils and a range of Government departments and private sector companies.
This year, however, a decision was taken by the council’s development committee not to attend.
The council will also review its participation in future as there have been no benefits for the city despite the significant costs.
More than 19,400 property leaders go to Mipim (the property exhibition), which was held earlier this month.
This year around 4,200 real estate investors took part in the four-day event.
Last night a spokeswoman for Belfast City Council said: “No member/officer attended the Mipim conference this year as agreed by the council’s development committee at its monthly meeting last June.
“It was recommended then that given the constraints on the council’s financial resources, the committee consider reviewing the council’s future options for participation at Mipim.”