Foreign Investment in UK: Northern Ireland

(asked on 28th June 2023) - View Source

Question to the Northern Ireland Office:

To ask the Secretary of State for Northern Ireland, what steps he is taking to promote investment into Northern Ireland from India.


Answered by
Steve Baker Portrait
Steve Baker
Minister of State (Northern Ireland Office)
This question was answered on 4th July 2023

In March 2021, the Northern Ireland Office announced that £8 million of New Deal for Northern Ireland funding would be provided to Invest Northern Ireland, to expand their overseas presence in new locations, and expand their presence in existing locations. This funding has seen new Invest Northern Ireland staff members recruited in countries across the world, including India, and other key investment and export markets.

This in-market presence is a direct result of our New Deal funding and will help Northern Ireland businesses gain increased access to these markets and promote Northern Ireland as a location for inward investment.

The Northern Ireland Investment Summit on 12 and 13 September, led by the Department for Business and Trade in partnership with the Northern Ireland Office and Invest Northern Ireland, will further position Northern Ireland as an ideal location for investment and investors from across the world.

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