Belfast Region City Deal
City Deals are bespoke packages of funding and decision-making powers negotiated between central government and local authorities.
The Belfast Region City Deal (BRCD) is made up of the following six councils:
- Antrim and Newtownabbey Borough Council, Ards
- Ards and North Down Borough Council, Belfast City Council
- Lisburn and Castlereagh City Council
- Mid and East Antrim Borough Council
- Newry, Mourne and Down District Council
Belfast Region City Deal partners have welcomed the news of £350 million investment from Treasury announced by Chancellor Philip Hammond in the Autumn Budget, 29 October 2018. As part of the deal, the NI Executive is expected to add at least a further £350 million and councils will contribute over £100 million. It is also anticipated that direct investment from the private sector will take the overall package for inclusive growth to well over £1 billion.
The following short film outlines our ambitious plans for the Belfast City Region.
The City Deal plans were constructed with partner councils working with regional stakeholders, including politicians, the private sector, universities and colleges to complete a robust analysis of our competitive strengths, the key economic challenges facing the region and what our most pressing needs are.
This research has helped to shape the four pillars of our ambitious proposals which are:
- Innovation and digital
- tourism-led regeneration
- employability and skills.
To download an overview of our proposals click here
It is hoped the deal will create up to 20,000 new and better jobs alongside delivering a 10 year programme of inclusive economic growth, including an increase of £470m Gross Value Added (GVA).
This is a once-in-a-generation opportunity to press the ‘fast forward’ button on our Enterprise, Regeneration and Investment plans, improve our competitiveness and enhance quality of life.