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Investment Strategy for Northern Ireland 2008-2018

Investment Strategy for Northern Ireland 2008-2018

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Published by Nevin
Part of the Programme for Government
Part of the Programme for Government

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Published by: Nevin on Mar 16, 2012
Copyright:Attribution Non-commercial

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05/13/2014

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Investment Strategy for Northern Ireland 2008-2018
Building a better future
 
Investment Strategy 2008 2018Investment Strategy 2008 201803ContentsContents
 
Contents
Introduction ......................................................................................................4Investment priorities ..........................................................................................9
Pillars o investment
Networks .....................................................................................................14Skills ............................................................................................................20Health .........................................................................................................26Social ...........................................................................................................32Environment ................................................................................................38Productive....................................................................................................45Delivering our inrastructure investment plans ...................................................50
23
 
Investment Strategy 2008 2018Investment Strategy 2008 201854IntroducitonIntroduction
As an Executive, we are dedicated to makingNorthern Ireland a better place to live, work, learnand grow. In the Programme or Government, wecommit to building a peaceul, air and prosperoussociety in Northern Ireland, with respect or therule o law, a society where everyone can enjoy abetter quality o lie now and in years to come.To deliver on this commitment, we need theright inrastructure to grow our economy– our top priority over the lietime o theProgramme or Government. The rightinrastructure will also support positive socialchange, enhance our environment and helpus to deliver better public services or all.We are on the brink o an unprecedentedopportunity.
Over the next three years, around£6bn o new inrastructure will be delivered– and approaching £20bn in the next 10years
– to address a legacy o underinvestment inthe past. Through the procurement process, wewill seek to maximise the social and employmentopportunities or all our people, addressingexisting patterns o socio-economic disadvantageand using prosperity to tackle poverty.The Investment Strategy 2008-2018 sets outthe ramework with which we will createa sustainable 21st century inrastructure. Itidenties priority areas or investment in theyears ahead and is intended to assist governmentand our private sector partners to plan aheador the challenge o delivering the largest everinvestment programme here. Delivery plans arecurrently being nalised to provide more detailon the implementation o this Strategy; theseplans will be published beore 31 March 2008.
Objectives o investingin inrastructure
Three objectives set out in the Executive’s Programmeor Government have guided developmento this Investment Strategy. These are:a)

Economic
– investment in inrastructure to help growa dynamic and innovative economy, and help to delivermodern high quality and ecient public servicesb)

Societal
– investment in inrastructure to help promotetolerance, inclusion, equality o opportunity and thedesirability o good relations, promote regional balance inuture development, and tackle areas o social disadvantagec)

Environmental
– investment in inrastructure to helpprotect and enhance our environment and natural resources.These objectives can be mutually reinorcing, helping to ensurethat development is sustainable. The objectives infuenceboth programme selection, and delivery to maximise returns.We will seek opportunities to promote social inclusion andequality o opportunity in the procurement o inrastructureprogrammes. This will impact through employment plans;building opportunities or apprenticeships into major deliverycontracts – helping those eager to develop key skills valuedin the workplace – and through a tendering process thatprioritises the most economically advantageous option inthis context. Through the procurement process, we willseek to maximise the social and employment opportunitiesor all our people, addressing existing patterns o socio-economic disadvantage and using prosperity to tacklepoverty. Similarly the quality o our environment is animportant asset; steps to protect and enhance it throughthe Investment Strategy will support plans to grow thetourism economy and related jobs across the region, as wellas improve a general sense o well-being or everyone.
Introduction

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