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McLaughlin calls for increased Belfast/Dublin co-operation on job creation

8 October, 2013 - by Maeve McLaughlin

Sinn Féin MLA Maeve Mc Laughlin (Foyle) has called for increased co-operation between Invest NI (INI) and the IDA to attract inward investment to the Border Corridor counties.

Maeve McLaughlin said:

"DETI Minister, Arlene Foster, in response to a written question which I submitted on the potential savings to be made through an all-island approach to economic development and job creation highlighted the success of co-operation between INI and Enterprise Ireland in areas such as innovation and the potential for cross sectoral engagement in areas such as skills development, construction and agri-food. She also pointed to the success of InterTradeIreland with 25,000 SMEs accessing its information and advice services and 5000 businesses participating in all-Ireland programmes.

"This participation in InterTradeIreland programmes has resulted in an estimated £650 million of trade and business development, generating and supporting over 3000 jobs.

"I welcome the Minister's acknowledgement of the positive results from these all-Ireland initiatives and would reiterate my call for increased co-operation between INI and the IDA to attract much needed investment and job creation, particularly to areas of high deprivation along the Border Corridor.

"Given the size of the available travel to work employment pool and the higher than average unemployment levels in the border regions it makes sense for INI and the IDA to collaborate in efforts to attract investment to these areas.

"Such an initiative could prepare the groundwork for removal of all barriers to trade across the island and elimination of competition which is detrimental to efforts to reinvigorate the economy - North and South."

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