Enterprise, Trade and Investment

Part of Oral Answers to Questions – in the Northern Ireland Assembly at 2:15 pm on 19 March 2013.

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Photo of Arlene Foster Arlene Foster DUP 2:15, 19 March 2013

The Member knows that we have just managed to sell 15 acres of that site for economic development to a local, indigenous company that exports across Europe and that we are delighted to see expand in that area.  Although the Member referred to it, the cost of the site is not the primary operation of what we do through Invest Northern Ireland.  What we try to do is to intervene where market failure has occurred, so that we can provide the space for companies to come in as foreign direct investors or, as in this case, for local companies to expand their businesses.  Therefore, although we always have to ensure value for money in our purchase of sites, we also want to ensure that we have land available for companies that want to expand.

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