📈Causeway Coast and Glens Borough Council signs £129m Growth Deal to unlock major investment
A £129 million Growth Deal for Causeway Coast and Glens has been formally signed today at North West Regional College in Limavady. The signing of the Growth Deal Financial Agreement represents one of the most significant milestones to date in the Growth Deal process, confirming the full funding package and enabling investment to begin flowing into transformational projects across the Borough.
The funding package includes:
✅£36 million UK Government
✅£36 million Northern Ireland Executive
✅£57 million Causeway Coast and Glens Borough Council and delivery partners.
The agreement follows years of collaborative planning to bring forward a programme designed to boost productivity, enhance innovation, support regeneration, and create new opportunities for residents, businesses and visitors.
Stretching from Lough Foyle to the Glens of Antrim, the Causeway Coast and Glens is a region renowned for its natural beauty, strong tourism sector, and local enterprise. Yet challenges remain, including below-average wages, seasonal employment, and a declining working-age population. Today’s signing confirms the beginning of delivery aimed at addressing these issues and strengthening long-term prosperity.
With the phase one projects representing 66% of the £129 million Growth Deal investment, this phase of the programme is moving towards delivery, with a number of priority projects progressing at different stages of development.
Ulster University’s Centre for Food and Drug Discovery at Coleraine will move forward as a key Phase One investment. This leading-edge, industry-facing ‘one-stop shop’ will collaborate with companies from concept to commercialisation, enhancing population health while positioning Northern Ireland as a global hub for food innovation and drug discovery.
Alongside this, the three other Phase One projects will progress towards delivery; Coleraine Leisure & Wellbeing Centre, the North West Regional College Foodovation & Skills Centre, and a major regeneration programme for Dungiven town centre.
Read more: bit.ly/ccg-growth-deal
@niexecutive @NIOgov @dptfinance @nwrc_college @UlsterUni
#CCGGrowthDeal
A £129 million Growth Deal for Causeway Coast and Glens has been formally signed today at North West Regional College in Limavady. The signing of the Growth Deal Financial Agreement represents one of the most significant milestones to date in the Growth Deal process, confirming the full funding package and enabling investment to begin flowing into transformational projects across the Borough.
The funding package includes:
✅£36 million UK Government
✅£36 million Northern Ireland Executive
✅£57 million Causeway Coast and Glens Borough Council and delivery partners.
The agreement follows years of collaborative planning to bring forward a programme designed to boost productivity, enhance innovation, support regeneration, and create new opportunities for residents, businesses and visitors.
Stretching from Lough Foyle to the Glens of Antrim, the Causeway Coast and Glens is a region renowned for its natural beauty, strong tourism sector, and local enterprise. Yet challenges remain, including below-average wages, seasonal employment, and a declining working-age population. Today’s signing confirms the beginning of delivery aimed at addressing these issues and strengthening long-term prosperity.
With the phase one projects representing 66% of the £129 million Growth Deal investment, this phase of the programme is moving towards delivery, with a number of priority projects progressing at different stages of development.
Ulster University’s Centre for Food and Drug Discovery at Coleraine will move forward as a key Phase One investment. This leading-edge, industry-facing ‘one-stop shop’ will collaborate with companies from concept to commercialisation, enhancing population health while positioning Northern Ireland as a global hub for food innovation and drug discovery.
Alongside this, the three other Phase One projects will progress towards delivery; Coleraine Leisure & Wellbeing Centre, the North West Regional College Foodovation & Skills Centre, and a major regeneration programme for Dungiven town centre.
Read more: bit.ly/ccg-growth-deal
@niexecutive @NIOgov @dptfinance @nwrc_college @UlsterUni
#CCGGrowthDeal