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Doherty hails £250 million investment for Omagh

21 May, 2008


West Tyrone MP, Pat Doherty has hailed the announcement by a major international investment group of £250 million direct investment in Omagh, as a "huge vote of confidence in the area".


According to the MP, "The proposals for an ambitious development on the Derry Road will create 330 high quality jobs in a mixed use development which will include high grade office space, a business media centre, a hotel as well as retail, health and leisure facilities".


Mr Doherty continued "Following on the heels of the recent economic investment conference, this proposal has the potential to really transform the local and regional economy and put Omagh firmly on the map as an area for investors".


"During the meetings that I have had with the investment group, they have cited the suitability of Omagh for investment by reference to its infrastructure, geographical location, a skilled local workforce as well as having a dynamic and forward thinking local Council. The investment group viewed these factors as core elements in their decision to invest in the area".


Mr Doherty concluded "These proposals firmly compliment ongoing work on the Omagh 2025 Visioning framework, the DSD town centre masterplan, the West Tyrone Area Plan and, importantly, the exciting prospects which are set to evolve from the future use of the Lisanelly and St Lucia site"


"This unprecedented proposal clearly demonstrate that Omagh is well and truly open for business and we are poised and ready to deliver".

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