Trade and Investment The Trade and Investment Opportunity in Northern Ireland

Trade and Investmentwww.investni.com

The Trade and Investment Opportunity in Northern Ireland


Northern Ireland - key facts• Population 1.81 million

– Fastest growing population in the UK– One of Europe’s youngest populations

60% under the age of 40

• Travel to work population– Belfast 700,000+– Londonderry 300,000+

• Small business economy

• Regional economy focused on: – Increasing the private sector and reducing

our over dependence on the public sector – Creating employment opportunities and

increasing exports– Increasing the levels of investment in

research and development


Northern Ireland at a glance

Unemployment 7.8% (Aug-Oct 2012)

Academic results for NI school leavers more than 10% above the UK national average

75% of school leavers undertake Further & Higher Education

2 world class universities: Queen’s University Belfast & the University of Ulster

6 colleges of further education - 153,000 students

Strong multi lingual capability

Resilient physical & telecommunications infrastructure


NI devolved government


Programme for Government 2011-2015 targets

“Growing a sustainable economy and investing in the

future”

• 25,000 new jobs

• £1bn investment

• Visitor numbers to 4.2m

• Support young people into employment

• Increase manufacturing exports by 20%


Key Export Sectors %

Food, Beverages & Tobacco 19.8%

Transport Equipment 18.9%

Electrical Equipment 12.3%

Computer, Electronic & Optical 10.9%

Machinery & Equipment (non classified)

8.3%

Chemicals & Chemical Products

6.2%

Other 23.6%


NI is well connected to Ireland, GB and beyond

Physical Infrastructure (Air, Road, Rail)

• 100 flights a day to GB

• Daily direct flight to New York

• 30 direct connections to Europe

• Dublin Airport services over 165 scheduled

including 70 daily direct flights to GB and is

just 90 minutes from Belfast by car

• Excellent rail and road connections from

Belfast to Dublin IFSC


• A direct link to North America & Europe –

resilient connectivity with multiple routings

• Unaffected by disruptions to telecoms in

London or Dublin – gives a higher level of

security potential than other GB sites

• Solution for disaster recovery and business

continuity for international companies

• Performance guaranteed

• Broadband products prices 20% less than

Manchester, Glasgow & Dublin until 2018+

New 40-gigabite per second transatlantic and terrestrial communications link

- making distance invisible

Direct transatlantic link to N America & Europe


NI students consistently out-perform other UK regions in high school exams by more than 10%

World renowned universities, working closely with industry to develop specific curricula:

• Queen’s University Belfast – Member of the Russell Group• University of Ulster – Awarded ‘Excellent’ (perfect score) by HE Quality Assurance Agency• Six major FE Colleges – specialising in vocational education

Developing a highly educated workforce“We need hired heads, not hired hands in our workforce.” (Bro McFerran, MD Allstate)


Northern Ireland economic performance (2007-11)

Over £3bn total

investment25 600 Jobs and

11,000 business starts

Every £1 in support

resulted in over £5

investment

Over £2m invested every day in the local economy

Belfast now has the 3rd

highest level of GVA in the UK, behind only London

and Edinburgh

Belfast is the UK's most

attractive city for FDI after

London

42% increase in people

employed in R&D

£613m in additional salaries


Future focus

R&D, Innovation and creativity

Business Growth

Skills

Key Drivers

Key Sectors

Mobile Telecoms

Security

E-HealthDigital Content

Information Management

Creative Industries

Risk, Actuarial

IT

Operations

Contact Centres

Legal and ComplianceShared Services

Offshore Wind and Marine

Supply Chain Development


Northern Ireland – Key Sectors

Aerospace

Creative Industries

Digital Media

Construction

Materials Handling

Food & Drink

ICT

Life Sciences

Professional Services

Renewables

Environmental

Securities and Defence


Business Support

• CBI• Institute of Directors• Sector bodies• Federation of Small

Businesses

• Invest NI• Local Councils • Cross border agencies• Membership organisations

• Chamber of Commerce• CBI• Sector bodies• Federation of Small businesses• Institute of Directors

• Invest NI• Local Councils• Cross Border Agencies

Government

organisationsMembership

organisations

LobbyingSupport


• Be an effective and efficient delivery body

for economic development strategies in

the Programme for Government.

• Integrated offering of financial, capability

development and advisory solutions with

offices across Northern Ireland and over

13 international locations.

• Client Teams structured by industry

sector and supported by specialists in a

wide range of business disciplines.

• Annual budget of c£150m to invest with

businesses in Northern Ireland.

Invest NI’s role


15

Heartsine

Trade

Andor

Wrightbus

APT

Seagate

Huddleston Engineering

BE Aerospace

Material HandlingEquipment

Randox

H&W

Bombardier


Opportunity identification

Product / service enhancement

Skills enhancement

Opportunity exploitation

New exporter New product

New market

Export Success Cycle


Some of our investors



Thank You

Documents

Trade and Investment The Trade and Investment Opportunity in Northern Ireland