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Adams welcomes Major Investment for North

16 March, 2009 - by Pat Sheehan

The Sinn Fein President Gerry Adams today welcomed the decision by the New York State Comptroller to commit tens of millions of state pension funds to investments in the north of Ireland.

Mr. DiNapoli’s decision is the culmination of significant discussions involving Sinn Féin and others in recent months.

Gerry Adams said,

“This decision by the New York State Comptroller, Tom DiNapoli, means real money coming into our economy which should translate into real jobs in the areas that need them most.

Today’s decision is the culmination of a long process of engagement in which Sinn Fein has been intimately involved.

It is particularly significant that the Comptroller has attached a contractual obligation, in any investment decision, to promote equality of opportunity and to adhere to principles of economic justice.

This is in line with the investment decision taken last year by the City Comptroller Bill Thompson. These are socially conscious decisions; they are investments in the peace process and in a future based on equality and justice.

Tom DiNapoli has been a good friend to Ireland and the peace process over many years. Today’s decision is a very real contribution to building a better future for all our people.

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