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Investment Strategy for Northern Ireland:Introduction & Overview
Patrick McMeekin | Adviser | SIB
13th February 2013
First Investment Strategy (ISNI) launched in 2005
10 year rolling plan…revised every 3-4 years
Over £10 billion invested to date
Revised strategy published in October 2012
Further £13 billion to be invested by 2021
Why have an Investment Strategy?
• Encourages objective planning & better coordination
• Reduces risk of sub-optimal projects and piecemeal and non-complementary developments
• Focuses public and private sector resources on delivery
• Communicates a clear message to markets
NI Executive Budget£20bn per year
Spending by Ministerial Departments
£10bn
Social Security payments
£10bn
Resource£9bn
Capital£1.3bn
PPP£1bn over
ISNI period
Infrastructure: Types & Ownership: N Ireland
Economic
Social
Environmental
Public Semi-state Regulated Private
Roads
SchoolsHospitalsJustice
HousingTourism
Costal defenceFlood alleviation
Electricity / GasTelecoms
RetailLeisureHousing
Sea PortsAirports
Waste management
Water & Sewerage
Public transport
Seven ‘pillars’ of ISNI 2011-21
Networks
Skills
Health
Social
Environment
Productive
Justice
RoadsPublic transportEnergy (electricity, gas)TelecomsPorts
£2.6 billion
Seven ‘pillars’ of ISNI 2011-21
Networks
Skills
Health
Social
Environment
Productive
Justice
SchoolsLibrariesFurther Education collegesUniversities
£2.1 billion
Seven ‘pillars’ of ISNI 2011-21
Networks
Skills
Health
Social
Environment
Productive
Justice
Primary CareHospital modernisationEmergency servicesResidential care
£2.9 billion
Seven ‘pillars’ of ISNI 2011-21
Networks
Skills
Health
Social
Environment
Productive
Justice
RegenerationPublic housingSports, culture & artsMuseums
£2.5 billion
Seven ‘pillars’ of ISNI 2011-21
Networks
Skills
Health
Social
Environment
Productive
Justice
Drinking water qualityWaste water treatmentSolid waste & recyclingFlood risk management
£1.8 billion
Seven ‘pillars’ of ISNI 2011-21
Networks
Skills
Health
Social
Environment
Productive
Justice
Enterprise/InnovationTourism productRural industriesPublic sector reform
£0.7 billion
Seven ‘pillars’ of ISNI 2011-21
Networks
Skills
Health
Social
Environment
Productive
Justice
Police / Law enforcementCourtsForensic sciencePrison & probation services
£0.7 billion
Thank you.Any questions?
