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McCandless welcomes Coleraine Enterprise Zone announcement

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Councillor William McCandless has welcomed the announcement by Chancellor George Osbourne concerning Northern Ireland’s first Enterprise Zone.

Cllr McCandless said : “Initially established in 2012 Enterprise Zones are central to the Governments long term economic plan. They support businesses to grow, bring benefits for business, local communities and for the U.K. economy.”

“The benefits of an Enterprise Zone are business rates discount, simplified local authority planning, tax relief, government support with broadband.”

“Having an Enterprise Zone in our area will attract business, lead to job creation and will be a driving force for the local economy.”

It will assist in attracting foreign investment into Northern Ireland which will deliver long term sustainable growth.

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