Finance Minister Seeks Investment Assurances From EIB

NI's Finance Minister, Máirtín Ó Muilleoir, has met with the Vice-President of the European Investment Bank (EIB) to seek assurances on continued investment in the Northern Irish economy.

Minister Ó Muilleoir met with Jonathan Taylor to discuss EIB and it's place in NI in the wake of the EU referendum vote.
News Image
"The EIB is an important player in the local economy and has provided loans of £430 million over the past few years for key projects for higher education and social housing which Mr Taylor has already assured me will be honoured," Minister Ó Muilleoir said.

"But I am also encouraging the EIB to continue with its plans for further investment.

"The EIB has been instrumental in helping my Department set up a £100m Investment Fund and has been involved in advanced discussions on a potential new loans facility for our Councils. I hope to encourage the EIB to match our £100m fund and develop this £200m facility for Councils."


Related Northern Ireland Business News Stories
Click here for the latest headlines.

26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
11 November 2016
Deputy First Minister Meets Representatives Of China Investment Corporation
The Deputy First Minister Martin McGuinness and Junior Minister Alastair Ross and Infrastructure Minister Chris Hazzard are due to met with representatives from the China Investment Corporation (CIC), who are in Belfast for a two day trade visit.
21 May 2013
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
15 June 2017
Belfast City Council Seeking To Invest In Office Developments
Belfast City Council are inviting proposals for a new £18.77 million city centre investment fund, which aims to encourage high quality office developments in Belfast.
21 December 2016
DAERA Launch £1m Business Investment Scheme
The Department of Agriculture, Environment and Rural Affairs have announced a £1 million Business Investment Scheme, which aims to create jobs and stimulate economic growth in Ards and North Down The Business Investment Scheme, which is one of the strands of the Department's LEADER Rural Development Programme, will assist those in Ards and North Do