AQW 55367/11-16 Written question to the Minister of Enterprise, Trade and Investment

To ask the Minister of Enterprise, Trade and Investment to detail (i) any conversations he has had with the Secretary of State regarding the Enterprise Zone at Coleraine and (ii) when an announcement can be expected.

Asked by Claire Sugden MLA on 9 March 2016

  • Answered
  • Written
Tabled
9 March 2016
Answer due by
25 March 2016
Answered
21 March 201612 days after tabling
Department
Department for the Economy
Priority question
No

Answer

I have not had any talks with the Secretary of State regarding the pilot Enterprise Zone in Coleraine.

The pilot Enterprise Zone announced in the Chancellor’s Budget statement in March 2014 will only offer Enhanced Capital Allowances as an incentive. The decision to designate a particular area offering Enhanced Capital Allowances is ultimately for HM Treasury. HM Treasury is currently considering a request for formal designation of a pilot Enterprise Zone in the Coleraine area and it is expected that designation will be confirmed in the near future.

Official sources