Northwest promoted as a place to do business

The North West has been highlighted as an attractive inward investment location as the Enterprise Minister and two of the region’s Mayors attended an event in London highlighting trade, commerce and cultural links.

Minister Arlene Foster was joined by Mayor of Derry City Council Kevin Campbell and Mayor Sam Cole of Coleraine Borough Council at an event to highlight trade, commerce and cultural links.

They met representatives from the London Corporation and the Honorable Irish Society at the partnered Invest NI event which targeted the cultural industries and sectors and which was held at London’s Guildhall.

Mr Campbell said the event was a great opportunity to encourage a range of investment to the North West. “Derry has evolved over years to become one of Europe’s most switched on and connected knowledge economies; renowned worldwide for our talent, innovation and creativity. As a hub for many of the world’s leading blue chip companies including Seagate Technologies, AVX, Allstate, Fujitsu, DuPont and Invista, we find that once these global corporate leaders invest in the North West, the trend for further inward investment and deeper expansions of their operations follows in time.”

Continuing on the North West’s position as a tradung area he said; “A location for low business operating cost, great workspace and world class connectivity, the North West area now has much more to offer including a combination of the highly skilled and motivated workforce and an incredible quality of life. An ambitious strategic programme is now underway, one which began as a signed Memorandum of Understanding by the Londonderry Chamber of Commerce in 2012 is continuing with momentum with a focus on working with the UK Trade and Investment to develop and cement the opportunities for digital, creative and technology links.”

“The Cultural programme on offer in the North West as Derry plays host as City of Culture includes over 150 cultural activities and event throughout 2013 - the year that we also celebrate the 400th anniversary of the Charter with the City of London, and we are hopeful this too will create connections and add to the impact and legacy on the North West of Ireland.”

An invitation was extended to all business leaders and entrepreneurs attending the event in London to come to Londonderry and see for themselves the substantial investment opportunities that exist in the North West.