AQW 37701/11-15 Written question to the Minister of Enterprise, Trade and Investment
To ask the Minister of Enterprise, Trade and Investment to detail any interest for inward investment in East Londonderry since 1 April 2013; and how her Department and Invest NI have followed each of these up.
Asked by Claire Sugden MLA on 20 October 2014
- Answered
- Written
- After due date
- Tabled
- 20 October 2014
- Answer due by
- 4 November 2014
- Answered
- 10 November 201421 days after tabling
- Department
- Department for the Economy
- Priority question
- No
Answer
There have been three visits by potential investors to the East Londonderry PCA between 1 April 2013 and 1 October 2014. One of these developed into an investment project but the company concerned decided to locate elsewhere in Northern Ireland.
Invest NI remains in contact with the other two companies; however at this point discussions are still at an early stage.
Invest NI seeks to build positive relationships with potential investors through hosting visits and maintaining regular contact. The decision whether to invest and where, is a matter for the company concerned and often takes place after a prolonged period of internal research and evaluation. All discussions and contact between Invest NI and a potential investor are regarded as ‘commercial in confidence’ until a formal offer is accepted.