Derry and Strabane City Deal Confirmed to Proceed
Derry and Strabane City Deal Confirmed to Proceed
Derry and Strabane City Deal Confirmed to Proceed
News summary

The Derry and Strabane City and Growth Deal has been confirmed to proceed, despite initial announcements from the UK government about pausing funding for certain city deals in Northern Ireland. Finance Minister Caoimhe Archibald expressed relief at the confirmation, which is expected to enhance regional economic growth, creating 7,000 jobs by 2032 and significantly increasing the local GVA. The deal, valued at approximately £250 million, includes developments such as a health hub and a new college building. Meanwhile, other city deals in Northern Ireland remain at risk, prompting calls for a reevaluation of funding decisions from local leaders. The UK government maintains its commitment to working with the Northern Ireland Executive to ensure the progress of these deals. Local leaders, including First Minister Michelle O'Neill, have welcomed the news as a vital economic boost for the region.

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