Belfast Region City Deal - it's a big deal
City Deals are bespoke packages of funding and decision-making powers negotiated between central government and local authorities.
The following short film outlines our ambitious plans for the Belfast City Region.
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, working in partnership with Queen's University Belfast and Ulster University, Belfast Metropolitan College and Northern Regional College, South Eastern Regional College and the Southern Regional College.
A Heads of Terms document (PDF - 1MB) has been signed by the Secretary of State Karen Bradley and BRCD partners. Business cases will now be prepared for the 22 projects proposed under the Belfast Region City Deal.
Following the Chancellor of the Exchequer’s announcement in November 2017 that BRCD negotiations would be opened, we established a major programme of work to develop a detailed, ambitious proposition. We submitted our negotiating position to the NI Secretary of State and Westminster with the aim of securing £1 billion of investment from a number of sources and held a partner reception at Westminster on Wednesday, 24 October 2018. View our short film:
This co-investment from the UK government, local government, the universities and the private sector is designed to deliver a step change in our region’s economic fortunes, help achieve a 15 year programme of inclusive growth, an increase of £470m Gross Value Added and create up to 20,000 new and better jobs, accessible to people from all communities.
As a first step, the partner councils worked 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:
- Innovation and digital
- Tourism-led regeneration
- Employability and skills
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's 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 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.
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