Chamber ‘thrilled’ at City Deal approval

President Dawn McLaughlin says she hopes it will lead to the swift roll-out of the initiative’s projects.

She added: “The North West stands to benefit from over £250m in funding which will boost our innovation and research, tourism, regeneration, create new jobs and attract further investment, and build on emerging industry clusters we have here in the North West like medical and life sciences.

“The Derry and Strabane City Deal is among one of the most generous and substantial City Deals in Northern Ireland and across the whole of the UK. By maximising the potential benefits of the Deal, we can work towards fulfilling the unlocked potential, economic and otherwise, of the North West and address regional imbalances and inequalities.

“The Chamber looks forward to working closely with key City Deal stakeholders like Ulster University, Derry City and Strabane District Council, North West Regional College, C-TRIC, and others to progress these projects and we are excited about the positive change they can bring to our region.”