Newry area “set to benefit substantively” from £700m city deal funding

Posted by
editor@newrytimes.com
Wednesday, May 6th, 2020
Business

SDLP Council Group Leader Pete Byrne has welcomed the announcement of Executive match-funding for City Deals across Northern Ireland after the party first raised the proposals over five years ago.

Councillor Byrne, who sits on Belfast Region City Deal Council Panel, believes the Deal has the potential to transform the economy in Newry, Mourne and Down driving new investment and attracting new jobs.

 

 

Speaking to Newry Times, Byrne said, “I am proud of the SDLP’s record on championing City Deals for the North over the last five years.

“Despite the initial disinterest from the Executive, we have always maintained that these deals would have a significant impact on our ability to reimagine infrastructure, attract new jobs and stimulate economic growth.

“Newry, Mourne and Down District Council area is set to benefit substantively from the secured funding.

 

 

“This investment will allow projects like the Southern Relief Road, Newry City Regeneration and Mournes Gateway to be realised in the years ahead.

He continued, “As a representative on the City Deal panel, I have been provided with great insight into the opportunities both economically and socially for the people of our district.

“This has been a long time coming.

 

 

“We have been forced to wait for far too long for the chance to build more for our people and our communities,” the local Councillor added.

 

Keep up to date with all the latest Northern Ireland Coronavirus / Covid-19 news HERE

 

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