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The Derry-Londonderry and Strabane City Region City Deal has celebrated a major milestone with the signing of a Financial Deal to unlock more than £290 million of investment in health, life science and digital projects and bring transformational change to the region.

Derry City and Strabane District Council Chief Executive John Kelpie explains the key benefits of the City Deal, and what it could mean to people hoping to return to the North West.

Congratulations on the signing of the Financial Deal. How will the City Deal change people’s day-to-day lives in the Derry City and Strabane region?

The Derry City and Strabane City Deal will improve people’s quality of life by creating more job opportunities, a safer, more vibrant city and town centre, and a focus on education and skills. It has the potential to bring up to 6,300 jobs by 2033 and lever additional millions in investment over the next decade. We aim to increase our output growth with a GVA (gross value added) of £230m per annum, which should see a significant rise in wages. People can expect to see real growth in sectors such as health and life sciences, digital industries and SMART technology that will support economic investment and regeneration, and also boost tourism and culture.

As someone who has been working on the City Deal since its inception, what aspect of the deal are you most proud of?

This is a once in a generation deal; its impact will be felt by the people of the city and district for many years to come. Personally, I’m proud of the collaboration between all the key partners who worked tirelessly to get it across the line. It’s been a joined-up approach which has seen us harness collective resources, expertise and passion for the North West. The investment from the UK government and NI Executive, plus the input from all the delivery partners, allows us to leverage additional private sector investment and make a real, positive difference to local people’s lives.

What type of jobs will be created?

We anticipate jobs will be created across all City Deal projects – including Smart Cities and digital enabling infrastructure, the School of Medicine and C-TRIC expansion, Strabane town centre’s regeneration, the Derry riverfront regeneration, Walled City tourism and the DNA (Derry North Atlantic) Museum in Ebrington.

Sustainability, inclusivity and employability are crucial and partners are already working to create a skills pipeline for the employment opportunities created by the City Deal – helping people upskill, reskill and boost digital skills.

The investment will also boost confidence and stimulate additional private sector activity and jobs. We anticipate an overall increase of 12% in the labour market, with large increases in areas such as healthcare and tourism.

What benefits will the City Deal bring for potential investors?

The North West is already an attractive proposition for investors, thanks to our unique cross-border location, our talented, well-educated workforce, and our fantastic quality of life. The City Deal, with its emphasis on innovation, digital infrastructure and regeneration will transform our local economy, and make the city and district an even greater place to do business.  

What are the next steps for the City Deal?

The official signing of the Financial Deal means Council and its delivery partners can now access funding to progress to the next stage of delivering the projects, once the full business cases are approved. The next phase of the City Deal will focus on detailed design and delivery. This work will include a wider awareness and engagement process, as the designs are developed.

What message would you have for anyone looking to return or relocate to the North West?

If you grew up here, or are considering a move here, you’ll already know that there’s nowhere quite like the North West. Our location, the friendliness of our people and our rich cultural heritage are second to none. There’s an energy and excitement here, and economic growth in recent years means we are already seeing diaspora return to live, work and raise their families. The City Deal will supercharge that prosperity, innovation and regeneration. There’s never been a better time to come home. I would encourage anyone considering relocation to visit investderrystrabane.com and sign up to the Derry Strabane Global newsletter for job and investment updates, and help planning their move.

When will City Deal projects be visible on the ground?

The pledge by the UK and NI Governments with the signing of the Financial Deal allows us to progress to the delivery phase of the projects, which will be on a phased approach over the next 10 years. The first visible project will be the DNA Museum being on site by early 2025 and the Museum opening in late 2026. All of the projects are at different stages of delivery, and these will be implemented in phases. With the financial deal in place, we will now be moving at pace to bring the other projects such as the Strabane Strategic Leisure project, a key element of the Strabane Regeneration, to the next stage of delivery. There will also be a focus on creating designs and drawings ahead of engagement with the public and partners.

What legacy do you hope the City Deal will leave for future generations?

With its focus on sustainable growth and lasting change, the positive impacts of the City Deal will be felt for generations to come – from health and wellbeing, to job prospects and economic prosperity. It’s about fulfilling Derry City and Strabane’s potential as a thriving, prosperous and inclusive region for all its inhabitants.

Where can the public find out more and be kept informed about progress?

People can visit www.derrystrabane.com/citydeal and keep an eye on Derry City and Strabane District Council’s social media channel for updates.

The Mayor of Derry and Strabane, Councillor Patricia Logue, welcomed a delegation of PhD students from a special London College community to the Guildhall on Friday for a special reception.

It’s the first time that students from Goodenough College have visited the city as part of a wider cultural enrichment programme. Goodenough College is an educational charity providing award winning postgraduate student accommodation in the heart of London’s university district.

The College aims to provide a supportive community for over 700 international postgraduate and their families from over 80 different nations. It benefits students through a programme of intellectual, cultural and social activities that gives students access to an international network and nurtures a global outlook. 

12 students arrived in the city as part of a trip aimed promoting their understanding of N. Ireland, and in particular Derry, including its history and culture. While they are here the group are staying at St Columb’s Park House and visiting a number of local sites.

Welcoming the group to the City, Mayor of Derry and Strabane, Councillor Patricia Logue, said: “I am always delighted to welcome young people to Derry and to share some of our wonderful heritage and culture. We have a strong connection with the City of London in terms of promoting skills and education, and this was another opportunity to discuss our shared interests and the many benefits of living, learning and working here.

“The students really enjoyed their visit to the Guildhall, where they had the chance to ask questions about local politics, peace-building and how Derry has been positively transformed over the years. They were also impressed to learn more about the city’s development as a leading hub for research and innovation excellence particularly in the areas of AI, data, health, and industry 4.0 technologies.”

Travelling with the students are the Dean of the Goodenough College, Alan McCormack originally from N. Ireland, who is also chaplain to the Lord Mayor City of London and Catherine McGuinness (fellow of Goodenough College and former Policy Chair, City of London).

Mayor of Derry and Strabane, Councillor Patricia Logue, pictured with a delegation from Goodenough College, London, held in the Mayor's Parlour. Seated on her left is Alan McCormack (Dean, Goodenough College) and on right Catherine McGuinness CBE (Chair of the policy & resources committee, City of London Corporation). Standing on the right is Adam Goodall, Investment Project Officer, DCSDC. (Photo - Tom Heaney, nwpresspics)
Mayor of Derry and Strabane, Councillor Patricia Logue, pictured with a delegation from Goodenough College, London, held in the Mayor’s Parlour. Seated on her left is Alan McCormack (Dean, Goodenough College) and on right Catherine McGuinness CBE (Chair of the policy & resources committee, City of London Corporation). Standing on the right is Adam Goodall, Investment Project Officer, DCSDC. (Photo – Tom Heaney, nwpresspics)
 

Invest Northern Ireland and the Department for the Economy have announced a £16.3 million investment in a new state of the art Artificial Intelligence Collaboration Centre (AICC), to be based at Ulster University in partnership with Queen’s University Belfast. 

Pictured (L-R) are Archie Clements, Pro-Vice Chancellor of Research and Enterprise, Queen’s University Belfast; Dónal Durkan, Executive Director of Strategy and Partnerships, Invest Northern Ireland; Professor Liam Maguire, Pro-Vice Chancellor of Research, Ulster University; Keith Forster, Director of Innovation, Research and Enterprise, Department for the Economy.

The Centre will focus on increasing business awareness and adoption of Artificial Intelligence (AI) technology to boost competitiveness and productivity across all industries including logistics, finance, life-sciences, manufacturing and Agri-Tech. 

The AICC was formally launched at an event on Ulster University’s Belfast campus today. As well as speakers from both Universities and Invest Northern Ireland, attendees heard reflections from Brian Hills, Chief Executive of The Data Lab, on their journey to setting up a similar AI centre in Scotland. There was also a panel discussion on the opportunities and challenges for AI adoption in Northern Ireland with contributions from Kainos, FinTrU, Analytics Engines, Whitespace and both Universities.

“We are in the midst of an AI driven revolution and through this investment we will harness the transformative power of AI, ensuring its potential is diffused and applied to a broad business base which will encourage economic growth and be of great benefit to our people and society.

“This collaborative project, with bases in Belfast and Derry, will serve as a hub for innovation, bringing together research expertise and industry professionals to collaborate on cutting-edge projects and solutions.

“The centre, the people who work there and the important work it will deliver will be an important contributor to my wider economic vision as we aim to raise productivity, promote regional balance, reduce carbon emissions and deliver good jobs.

“As part of today’s announcement, the Department has offered almost £2.5 million to support additional AI and Data Science postgraduate qualifications to be delivered by Ulster University and Queen’s University Belfast to expand the capacity of our talent pipeline to meet industry need.”

Economy Minister: Conor Murphy

The AICC, with bases at Ulster University’s Belfast and Derry/Londonderry campuses and Queen’s, will also encourage greater industrial innovation and collaboration with academia to increase both local and FDI investment. The provision of additional training and professional qualifications in AI will also be delivered through both Universities.

“Our support of £13.8 million over the next 5 years is to increase business knowledge and adoption of AI technology. AI is one of the most important technological developments of the modern era and has the potential to deliver important benefits such as R&D excellence, skills development and increased competitiveness. With some 100 local companies already currently using AI technologies in their operations we have an excellent foundation to build upon our capabilities locally.

“As a region we are already recognised as an area of excellence in the realm of Big Data and data analytics. We now have the opportunity to make our mark in the AI arena and to realise the economic benefits that will come from adopting AI right across our business landscape to improve productivity, deliver good jobs, reduce costs and enhance sectoral competitive positioning.”

Dónal Durkan, Executive Director of Strategy and Partnerships at Invest NI,

“As an academic institution we are proud to be leading the way in cutting edge research relating to the application of AI in business settings. The AICC represents a new resource of 25 dedicated staff who will use their existing knowledge and expertise to inform, educate and empower businesses to adopt AI, as well as stimulating new research and innovation for the responsible adoption of AI.

“In partnership with Queen’s University Belfast we will deliver 390 funded Postgraduate AI qualifications and also classroom-based or online skills training to thousands of workers across Northern Ireland over the next five years. 

“The AICC looks forward to working in conjunction with industry to increase adoption of AI while simultaneously creating the AI workforce of the future through the development of new qualifications.” 

Professor Brian Meenan, the Ulster University AICC Principal Investigator,

“AI and machine learning are evolving at an amazing rate and major developments are occurring at a monthly level. It offers enormous potential to transform business operations, so university-industry interaction is vital to ensure effective and fruitful engagement. Queen’s academics can provide insights into productivity improvements and help create innovative solutions for challenging problems using state-of-the-art AI approaches.”

Professor Roger Woods, the Queen’s University Principal Investigator

A Unique cross-border location.

There’s no place like home. And there’s no location quite like Derry and Strabane, a unique cross-border region offering an ideal combination of city, coast and countryside.

Whether you’re returning home, or relocating here for the first time, a move to the North West can bring rewarding work opportunities and a life rich in culture, community and breathtaking scenery. The investment proposition here is equally as enticing, with the UK, Ireland and EU markets on your doorstep, and robust local and national support.

A cross-border hub

As the only cross-border city on the island, Derry has access to multiple markets, a highly skilled young workforce which is culturally literate in operating across two jurisdictions, and investment support available on both sides of the border.

Whether you’re relocating to the North West to grow your business here, work remotely, or join one of our leading local employers, you’ll find excellent superfast broadband availability across the region. We enjoy a 67-millisecond connection with the East Coast of the USA – among the fastest in Europe. As well as 97% superfast broadband coverage to facilitate remote working.

Work opportunities

You might be returning from university seeking a fulfilling graduate role. Maybe you’ve racked up years of experience, and are ready to take the next step in your corporate journey. Or perhaps you want to move back to the North West with your family, to enjoy our fantastic quality of life without compromising on career goals.

Whatever stage you’re at in your career, you’ll find job opportunities in a wide range of sectors here in Derry and Strabane – from award-winning local financial services and engineering firms, to innovative tech and life sciences companies, and major multinational brands.

Support for investors

If you’re looking to grow your business in the North West, Derry City and Strabane District Council can offer investment support, trade missions and connections with the City of London Corporation and international partners to assist and promote your venture.

Organisations such as Intertrade Ireland can help your business explore cross-border markets, while on a national level, Invest NI and IDA Ireland are also there to assist your venture.

The right balance

Quality of life here in the North West is one of the things we value most. It’s why a Sunday Times survey named “cool, credible and cheap” Derry as the best place to live in Northern Ireland.

Derry is a vibrant city – the fourth largest in Ireland – with a young population, a great primary, secondary and third level education system, and famously friendly people (we were ranked number one for community spirit in an NI poll). And of course, our award-winning restaurants and bars are ‘LegenDerry’.

A gateway for exploring

Derry and Strabane are also brilliantly located for enjoying the best the North West has to offer on both sides of the border, nestled where the Wild Atlantic Way meets the Causeway Coastal Route.

Fancy a sunset stroll after work, or a weekend adventure? You can reach a stunning Donegal beach within 20 minutes’ drive of Derry, and even head up to the North Coast for a surf. Or, in less than half an hour’s drive from Strabane town centre, you can be hiking through the breathtaking Sperrin Mountains.

Thousands of manufacturers are set to benefit from a new £50m data innovation hub led by Ulster University.

The Smart Manufacturing Data Hub will support small and medium-sized manufacturers to capture and better utilise data, helping them increase productivity, growth and sustainability.

The hub is available to manufacturers in Northern Ireland before going live for companies UK-wide, supported by 12 delivery partners.

Around 10,000 manufacturers will be assisted in developing, testing and adopting the latest data-driven technologies thanks to the hub, testbed and grant funding; approximately 13,000 jobs are also expected to be supported.

The funding comes as part of the £300 million Made Smarter Innovation Challenge, a collaboration between UK Government and industry to support the development and increased use of new and existing industrial digital technologies, including artificial intelligence and virtual reality.

Pro Vice Chancellor, Research at Ulster University, Professor Liam Maguire, said: “Made Smarter is another important project in the broader realisation of the Derry and Strabane City Deal agenda, further enhancing the attractiveness of investment and driving economic growth.”

  • £50 million data innovation hub at Ulster University to support UK manufacturers to accelerate development of digital technologies
  • Dedicated grant funding will be provided to manufacturers to implement expert recommendations from data scientists
  • Adoption of digital technologies such as Industrial Internet of Things and artificial intelligence is key to driving manufacturing productivity, sustainability and competitiveness

UK manufacturers are to have their productivity and competitiveness boosted thanks to a new data innovation hub and testbed led by Ulster University, Industry Minister Lee Rowley announced today (Wednesday 18 May).

The £50 million Smart Manufacturing Data Hub (SMDH) will support small and medium size manufacturers to capture and better utilise their data, helping them increase productivity, growth and sustainability. Businesses in sectors spanning from food and drink, aerospace and many more will be supported to develop, test and adopt the latest data-driven technologies.

Nearly 10,000 manufacturers are expected to benefit from the hub and 13,000 jobs will be supported, helping to boost economic growth and level-up regions across the UK. The hub will be supported by £20 million from the UK government backed Made Smarter Innovation Programme, along with £30 million of business co-investment.

UK Industry Minister Lee Rowley said: 

“As we embrace the digital manufacturing revolution, it is vital manufacturers across the UK can capitalise on the productivity and growth gains that come with the adopting the latest data-led digital technologies.

“The Smart Manufacturing Data Hub, backed by £20 million of government funds, will support companies to implement cutting edge production and process techniques themselves, helping bring the next generation of products to our shelves in a more efficient and sustainable way.”

The hub will host an online Manufacturing Data Exchange Platform that will enable companies to submit their manufacturing data and receive recommendations in return, helping to improve their products and processes. A dedicated £5 million fund will then provide companies with grants to make further improvements in areas of critical importance to their business.

Virtual manufacturing testbeds will allow companies to create a “digital twin” to simulate the implementation of digital technology on their own processes, harnessing data from other manufacturers that have already adopted the technologies to encourage investment.

The SMDH will also provide manufacturers with expert analysis of their emissions and energy data from support staff specialising in data analytics and engineering, which will help them target reductions in waste, energy use and ultimately improve sustainability.

Pro Vice Chancellor Research at Ulster University Professor Liam Maguire said:

“Made Smarter provides the opportunity for innovative collaboration that will be transformative in driving industry competitiveness. At Ulster University, we have a strong track record of collaboration; using our research and technology to act as a catalyst for change, innovation and positive economic, social and environmental impact. Made Smarter is another important project in the broader realisation of the Derry and Strabane City Deal agenda, further enhancing the attractiveness of investment and driving economic growth”

The SMDH will first be accessible by small and medium size manufacturers in Northern Ireland in the coming months, before going live for companies across the rest of the UK. The programme will be supported across the rest of the UK by 12 delivery partners, including the University of Cambridge Institute for Manufacturing, Industry Wales and Scottish Engineering.

The funding comes as part of the £300 million Made Smarter Innovation Challenge, a collaboration between UK Government and industry designed to support the development and increased use of new and existing industrial digital technologies, including artificial intelligence and virtual reality.

The challenge aims to deliver a resilient, flexible, more productive and environmentally sustainable UK manufacturing sector. It will also develop new technologies that can be exploited commercially across the manufacturing industry, worldwide.

Today’s announcement builds on the government’s Help to Grow schemes, which are helping smaller businesses to boost their productivity with training and software that is proven to get results.

PwC is opening a space at Ulster University’s Magee Campus in Derry/Londonderry as part of its investment in innovation in Northern Ireland.

The space will house research and development for its £40m Advanced Research and Engineering Centre (ARC), which launched last year in conjunction with Ulster University and Queen’s University Belfast, with support from Invest Northern Ireland. 

Through its alliances with government and academia, ARC’s innovation ecosystem is looking to build solutions to complex business problems into the next decade and beyond. This latest collaboration will see Ulster University students and researchers, at the Jordanstown and Magee campuses, work alongside Operate staff.

The new space will be used primarily as a base for ARC staff based in the North West of the country as PwC Operate ramps up recruitment from beyond its Belfast base. PwC Operate will start with four people at Ulster University’s Magee campus, but is looking to establish a larger team as ARC builds out its capabilities. 

Ian McConnell, PwC Operate Lead Partner, commented: “We’re delighted to be establishing a presence in the northwest. ARC’s vision includes university postgraduates working on research projects that feed into the software engineering function of ARC, as we develop solutions to our clients’ problems. ARC will continue to be based in our Merchant Square HQ in Belfast, but we’re keen to recruit from as wide a talent pool as possible. To be able to offer opportunities to people across the country is something very close to my heart and I believe fundamental to the success of this initiative.”

Jim Harkin, Head of the School of Computing, Engineering and Intelligent Systems from Ulster University also added: “It is positive for the Derry and Strabane City and District that PwC’s Operate will open an office at Ulster University’s Magee campus. The new office located on the Magee campus reflects the growing interest in doing business in Derry/Londonderry because of the easy access to talented people and innovative research from the Intelligent Systems Research Centre. As we develop research centres for robotics, AI and personalised medicine in the years to come as part of the Derry & Strabane City Deal, we will see more and more companies growing their presence in the North West and creating high-tech jobs.” 

Mayor of Derry City and Strabane District Council, Alderman Graham Warke, this week met with the UK Ambassador for Sweden, HE Mikaela Kumlin Granit during a special visit to the city.The meeting, which was arranged in partnership with the NI Executive Office, was part of a wider visit by the Ambassador to the region.During her visit to the city she met with the Mayor and senior Council representatives to get an overview of the exciting City Deal plans before meeting with the wider City Deal partners and business leaders to discuss a range of issues including City Deal, international students, business and trading issues and the NI protocol.Speaking following the meeting, Mayor Warke said it was a huge honour to welcome the Ambassador for Sweden to the city and give her an insight to some of the exciting plans being developed for the city and district.He said: “It was a huge honour to welcome the Ambassador to the Guildhall so she could hear at first hand the excellent work we are doing to invest and promote our region and also to give her an insight into some of the challenges we face. 

The Mayor of Derry and Strabane District Council, Alderman Graham Warke, with Swedish Ambassador Mikaela Kumlin Granit at a reception in the Guildhall. Photography Lorcan Doherty

She was very interested in hearing about our City Deal investment in research and innovation and how it will really drive and transform our regional economy. The visit was an excellent opportunity for us to promote the work we are doing in termsThis is the second visit by the Swedish Embassy Team to the Derry City and Strabane City Region, where they have met with city stakeholders to learn more about the city region deal and the challenges and opportunities regarding BREXIT and the NI Protocol. The Mayor previously met with Mr. Magnus Stuxberg (Deputy Head of Mission Political and European Affairs) and Mrs Åsa Theander from the Swedish Embassy Team in June 2021. 

The Stormont Executive has announced £15m worth of investment for a new 152-bed hotel in the Ebrington area of Londonderry.

The work will involve the refurbishment of the clocktower and five buildings in the former military base.

The first and deputy first ministers visited the development on Thursday to confirm the plans.

About £7m is coming from the executive office’s investment fund and almost £2m from Invest NI.

First Minister Paul Givan said it was “another step forward” for Ebrington and for the city.

“It continues to grow as a vibrant, modern city which is looking to the future with confidence – and there is a real sense of that optimism here today,” he said.

Mr Givan paid tribute to those involved in the redevelopment of the 29-acre site at Ebrington, which had been a military barracks until 2003.

Ebrington’s development is widely regarded as a key to Derry and the region’s wider economic growth.

“As today’s ideas become tomorrow’s opportunities, I will be watching with interest as potential turns into reality for Londonderry,” he said.

Deputy First Minister Michelle O’Neill said the start of work on the hotel “is a milestone day for Derry”.

“Together with the Grade A office space due to be completed soon, this new hotel will bring a renewed sense of vibrancy and a real boost to the regional economy,” she said.

“I offer my congratulations to the developers and all who have played a part in getting us to this point,” Ms O’Neill added.

Plans for the hotel were unveiled in 2017 and granted planning permission by Derry City and Strabane District Council the following year.

Ebrington is the largest regeneration site in Derry.

A former naval base that opened in 1841, it was known as HMS Sea Eagle during World War Two and was an important part of the North Atlantic Command.

Work is expected to be completed on the four-star hotel in the summer of 2023.

The Derry City and Strabane District City Region has been ranked second in the FDI European Cities of the Future 2022 category in a study carried out by the FDI Intelligence Division of the Financial Times.

Welcoming the accolade, Mayor of Derry City and Strabane District Council, Alderman Graham Warke said the high ranking in this significantly prestigious and influential study was hugely positive for the City and District as Council as well as its wider delivery partners as they continue to work to set in motion the next stages of delivery of the City Deal and a wide range of major investment and regeneration plans to transform the City Region.

The ranking comes less than a year after the City and District was ranked first in the FDI Global Cities of the Future Category in a report carried out by the FDI, competing against major cities across the globe.

The data collated for this latest report is collected by the FDI intelligence division of the Financial Times using specialist online tools, FDI markets and benchmarks. Data was collected for 553 locations (367 cities, 148 regions and 38 LEPs), under five categories: Economic Potential, Human Capital and Lifestyle, Cost Effectiveness, Connectivity and Business Friendliness. Locations scored up to a maximum of 10 points for each data point, which were weighted by importance to the FDI decision making process to compile the subcategory rankings as well as the overall ‘European Cities and Regions of the Future 2022/23’ ranking. In addition, surveys were collected under a sixth category, FDI Strategy, for which there were 161 submissions. In this category, locations submitted details about their strategy for promoting FDI, which was then scored by fDi’s judging panel.

The Derry City and Strabane District City Region ranked second in the European Cities of the Future Category, tipped only by Doncaster and Sheffield City Region and overseeing competition from other European cities such as Cork, Middlesbrough and Lublin.

As part of the evaluation process, judges assessing the application took account the area’s economic potential, cost effectiveness, connectivity, human capital and lifestyle and business friendliness, as part of their assessment.

Mayor Alderman Warke said this ranking was hugely significant and puts the city and district on a positive footing as it progresses to the next stages of delivering the exciting and innovative City Deal projects. He said the ranking put the city and region on the map in terms of gaining recognition from world leading investors and helps increase the city and region’s visibility across the Financial Times Group global readership and audience, which in turn will encourage further funding and investment.

He said: “Securing this top ranking in this category is hugely positive for us and reflective of the huge amount of proactive work that has been done over the past number of years to actively promote and develop the opportunities in Life and Health Sciences, in digital technologies and in the application of research in artificial intelligence and machine learning across our City and District. Key to this is that all these areas of focus and investment continue through City Deal projects. Our prime focus will be to develop opportunities for the development and promotion of the compelling proposition that is our city and region and the wider North West.”

Kevin O’Connor Head of Business with Derry City and Strabane District Council who was involved in the bid for the award, said the panel in their feedback acknowledged the strong cross border collaboration and mobile talent available in the region and the city and district’s innovative approach to developing talent in high demand sectors. He said the region’s large international diaspora with its strong international business network was also recognised, while the use of historic connections to the city of London and using it to focus on attracting UK based companies who want closer dual market access to the EU and UK was also acknowledged.

He said: “This is a very significant coup for us and comes at a very exciting time in our City Deal journey and as we are recovering from the COVID pandemic and working proactively to promote investment opportunities across our diaspora network, highlighting our increased quality of lower cost of living and increased work life balance to those interested in returning to live and work here. Combined with being recognised by USwitch.com as the top location in NI for remote working in the UK Top 5, along with being one of the top locations in the UK for Full Fibre Network connectivity, we are ideally placed for remote working.  We are also the only City region located where the UK and EU meet, and is a great place to live, visit, study or to do business in.”

For more info on the report visit https://www.fdiintelligence.com/article/80707