A landmark £290 million City Deal for the Derry and Strabane region was officially signed, marking the largest investment from the UK Government and Northern Ireland Executive in the area. The deal aims to transform the local economy through various projects, including the establishment of an innovation center, a DNA museum, and significant urban regeneration efforts. Key stakeholders, including the Derry City and Strabane District Council and Ulster University, are committed to delivering on the deal's promises, which could create approximately 6,300 new jobs by 2033. The funding includes contributions from the UK Government, Northern Ireland Executive, and local councils, amounting to over £250 million specifically for health, life sciences, and digital projects. The deal was signed amid recent uncertainties regarding funding for such initiatives, highlighting its importance for regional growth and development. Local leaders have expressed optimism that this investment will catalyze a prosperous future for the community.