Economy

Time to deliver: Businesses demand action on ‘bespoke’ Northern Ireland investment zone

Firms are calling for greater details about the planned zone which they’ve said could significantly boost the Northern Irish economy if properly designed

Businesses on both sides of the border are eagerly awaiting details of a Treasury-backed investment zone. Picture: Getty

Policymakers in Northern Ireland and London have been urged to develop a “unique” investment area in the region that could transform its economic fortunes.

Plans for an investment zone were first announced in the UK Government's deal with the Democratic Unionist Party to restore Stormont, extending a model deployed across various British regions as part of the Conservative's so-called levelling up agenda.

The proposal is backed by £150 million in promised investment from the UK ...