The Mayor, Councillor Brenda Stevenson, has welcomed the official opening today of the Northern Ireland Science Park’s headquarters on the Fort George site in Derry.
Mayor Stevenson said she was delighted at the announcement that 23 tenants have been secured for the £12m North West Regional Science Park, with local software company 8over8 as the anchor tenant.
The opening of the 50,000 sq ft building which will house software, telecoms and digital media companies is a significant milestone in the development of the knowledge-based economy in the North West cross-border region, the Mayor said.
The Mayor said she hoped the new science park would help build and attract the hi-tech companies required to provide high value employment for the region’s talented young people in particular.
She said: “I am confident that this much-needed investment in the new science park at Fort George will act as a catalyst to stem the so-called brain drain of our young people leaving the North West to seek career opportunities further afield, and encourage further inward investment in this region.”
Derry City Council would maintain its vital focus on expansion of the University of Ulster’s Magee campus to fully maximize the investment opportunities presented by the opening of the state-of-the-art science facility in the city, the Mayor added.
Mayor Stevenson said she looked forward to the rising success of The North West Regional Science Park which is being operated in partnership with Letterkenny Institute of Technology (LYIT) and has received funding from the European Union’s INTERREG IVa programme managed by the Special European Union Programmes Body (SEUPB). The science park is owned and part-funded by The Department for Social Development.