Foreign Investment in UK: USA
The question
To ask the Secretary of State for Northern Ireland, whether he has had discussions with the US ambassador on opportunities to attract increased US investment to Northern Ireland; and what steps his Department is taking to facilitate such investment.
Answered by Hilary Benn
The Government engages regularly with the US administration to promote investment opportunities in Northern Ireland and I met the US Ambassador in Northern Ireland in July. Recent major investments, like Bank of America’s Belfast expansion, bringing with it over 100 jobs, confirm the significant interest in Northern Ireland from US businesses and investors. The UK-US Economic Prosperity Deal provides an important framework to reduce trade barriers, ensuring Northern Ireland remains an attractive destination for American firms.
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