City Deal milestone ‘imminent’ – Anderson

A milestone agreement that will help take forward Derrys’ £250 million City Deal is due to be signed imminently, Sinn Féin MLA Martina Anderson has said. 

The Foyle MLA was commenting after receiving confirmation of the pending agreement between City Deal funders and project delivery partners.

“The signing of the ‘Heads of Terms’ agreement will be a milestone in the City Deal process which will see the city benefit from strategic projects focused on innovation and research, tourism and regeneration,” Martina Anderson said.

“The £110 million of match funding allocated by Sinn Féin Finance Minister Conor Murphy means Derry will benefit from a total £250 million investment – more per head of population than the funding provided to Belfast for its City Deal projects. The scale of this investment is a clear demonstration of Sinn Féin’s commitment to addressing historical regional inequalities in the North West.”

The Sinn Féin Regional Inequality spokesperson added: “It is key that our local residents benefit economically from the City Deal funding. This means we need to tailor existing training programmes and, where necessary, create new ones to ensure our local population have the opportunity to apply for the huge numbers of jobs which will be created.

“I will continue to engage with government, Ulster University, North West Regional College and community training organisations to ensure that the right training and educational opportunities are developed to maximize the economic opportunities provided by City Deal funding for our local citizens”