Coleraine Councillor Trevor Clarke Welcomes Northern Ireland’s First And Only Enterprise Zone

Coleraine Councillor Trevor Clarke has welcomed news that the deal to deliver Northern Ireland’s first and only enterprise zone to a site on the towns’ Portstewart Road has now taken a significant step forward.

Councillor Clarke said:

“This announcement that Council has today achieved legal & financial close in respect of the enterprise zone deal is hugely significant news for Coleraine.

The scheme is worth well in excess of £20m and will create employment at both construction and operational stages. More importantly, it means the North Coast can at last take advantage of Kelvin, the ultra-secure high-speed trans-Atlantic data cable linking Coleraine and Northern Ireland to New York and mainland Europe. This places the Borough well to take our economy into new and exciting territory.

I have been concerned at the delays in getting this over the line and raised the issue again just last month at councils’ Leisure & Development committee. In response, council officers gave assurances that completion of the final technicalities of the contracts were imminent. 

I am delighted the outstanding pre-completion conditions have now been fulfilled. I hope and expect the deal with 5-Nines is the first of many and a digital economy develops in Coleraine.

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