Derry firms have already banked £1million from the specially built City of Culture venue at Ebrington, the north’s Social Development minister claimed today.
Nelson McCausland, who visited the city today, said the ancillary services around The Venue had proved a boon for local firms.
“Our investment in providing this Venue has already had a direct knock-on impact in terms of opportunities for locally based businesses to provide the ancillary services required to run this facility.
“Currently the value of these services is estimated to be around £1million, which in these austere times is very good news for the economy in the northwest. A number of very successful events have already been staged here at the Venue and across the city so far with an extensive programme in place for the rest of the City of Culture 2013 year,” he said.
He also highlighted his department’s wider investment in the City of Culture year.
“Over the past two years my Department has invested over £17million in a number of projects to enhance the experience for those living in and visiting Londonderry.
“Fifty-nine projects have benefited from the £10million UK City of Culture 2013 Capital and Community Infrastructure Fund. A further £1.9million has been invested on various public realm enhancement schemes across the city, £450,000 in Park and Ride sites and over £4.8million to provide the Venue at Ebrington.
“This investment highlights my Department’s commitment to ensure that Londonderry is well prepared for the festivities during 2013 and as a lasting legacy for generations to come,” he said.
Around 100,000 people are expected to use The Venue during Derry’s culture year.