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) comprises the six councils of Antrim and Newtownabbey Borough Council, Ards and North Down Borough Council, Belfast City Council, Lisburn and Castlereagh City Council, Mid and East Antrim Borough Council and Newry, Mourne and Down District Council.
Following the Chancellor of the Exchequer’s announcement in November 2017 that BRCD negotiations would be opened, we’ve established a major programme of work to develop a detailed, ambitious proposition.
It’s designed to deliver a step change in our region’s economic fortunes and help achieve our vision of inclusive growth, agreed by all council partners.
As a first step, the partner councils have been working with city and region 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 proposition:
- Employability and skills
- Innovation and digital
You can download a summary of our proposals (PDF - 6MB)
Belfast Region City Deal partners welcomed 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 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).
The Treasury announcement forms part of a £850 million co-investment package for the city region. 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 six Belfast Region City Deal partner councils have committed £100 million investment, whilst Queen’s University and Ulster University have committed £50 million.
Regional Further Education colleges Belfast Met, will deliver a complementary education, employability and skills programme to ensure that people gain the necessary skills to secure and deliver on the new and better paid jobs that will be created.
Once the programme is finalised, a Heads of Terms document will be signed by the Secretary of State and BRCD partners. This will allow full business plans to be prepared for the projects proposed under the Belfast Region City Deal and release the investment.
BRCD partners fully support other deals for NI and will work to ensure that they are complementary to one another.
We’ll share updates on the Belfast Region City Deal on Twitter using #BRcitydeal