Oral Answers to Questions

Mark Durkan Excerpts
Wednesday 16th July 2014

(10 years, 3 months ago)

Commons Chamber
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Theresa Villiers Portrait Mrs Villiers
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I think there is great scope for growth in this area. The Digital Derry initiative is one that immediately springs to mind, but I believe that the strength of Northern Ireland’s creative industries also opens up great opportunities for success in the digital media world. A number of software companies have had great success in Northern Ireland, which is now ranked by the Financial Times as one of the best places in the world for financial services technology investment.

Mark Durkan Portrait Mark Durkan (Foyle) (SDLP)
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11. Some four years into this Government, we had the announcement this year of the first pilot enterprise zone in Northern Ireland. When does the Secretary of State believe that we might be able to have further enterprise zones, and is she open to the idea of working with the Irish Government and the Executive to have a cross-border enterprise zone in the north-west?

Theresa Villiers Portrait Mrs Villiers
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We are certainly open to discussions with the Irish Government about cross-border initiatives to boost the economy, which could well include enterprise zones. Our report back on the Government’s economic pact with the Northern Ireland Executive made it clear that the Treasury is prepared to discuss the possibility, subject to affordability, of additional enterprise zones in Northern Ireland, and I think it would be great if those discussions went forward.