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City Deals are bespoke packages of funding and decision-making powers negotiated between central government and local authorities. They're aimed at helping to harness additional investment, create new jobs and accelerate inclusive economic growth.
This short film outlines plans for the Belfast City Region.
The Belfast Region City Deal (BRCD) comprises Belfast City Council, five local councils, university and regional colleges. (Each link opens in a new window).
Following the announcement by the Chancellor in November 2018, the BRCD partners agreed a Heads of Terms document in March 2019 which confirmed the joint commitment to achieve full implementation of the Belfast Region City Deal by all BRCD Partners, the NI Departments and the UK Government. Outline business cases are currently being prepared for our 20 ambitious projects and an underpinning employability and skills programme.
A successful City Deal is about more than individual areas, it’s about working together to ensure that it benefits people living in the whole region, so that we connect them to more and better jobs and opportunities, and attract investment to the region. The Belfast Region City Deal will see the UK Government invest £350 million into the Belfast Region, with a further co-investment of upwards of £150 million from Belfast Region City Deal partners. In May 2020 the NI Executive confirmed that it will provide match funding of £350 million towards the Belfast Region City Deal.
This investment will help strengthen the region’s business offer in growth sectors such as life and health sciences, the digital and creative industries, and advanced manufacturing. It will also support next generation digital capabilities, boost tourism and support the regeneration of our region, underpinned by infrastructure developments and investment in skills to connect people to jobs and services.
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:
BRCD partners fully support other deals for NI and will work to ensure that they are complementary to one another.