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Investment Strategy for Northern Ireland: Introduction & Overview

Investment Strategy for Northern Ireland: Introduction & Overview Patrick McMeekin | Adviser | SIB 13 th February 2013. First Investment Strategy (ISNI) launched in 2005 10 year rolling plan…revised every 3-4 years Over £10 billion invested to date

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Investment Strategy for Northern Ireland: Introduction & Overview

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  1. Investment Strategy for Northern Ireland: Introduction & Overview Patrick McMeekin | Adviser | SIB 13th February 2013

  2. First Investment Strategy (ISNI) launched in 2005 10 year rolling plan…revised every 3-4 years Over £10 billion invested to date Revised strategy published in October 2012 Further £13 billion to be invested by 2021

  3. Why have an Investment Strategy? • Encourages objective planning & better coordination • Reduces risk of sub-optimal projects and piecemeal and non-complementary developments • Focuses public and private sector resources on delivery • Communicates a clear message to markets

  4. NI Executive Budget£20bn per year Spending by Ministerial Departments£10bn Social Security payments £10bn PPP£1bn over ISNI period Resource£9bn Capital£1.3bn

  5. Infrastructure: Types & Ownership: N Ireland Public Semi-state Regulated Private Sea Ports Electricity / Gas Telecoms Roads Economic Social Environmental Airports Public transport Schools Hospitals Justice Housing Tourism Retail Leisure Housing Costal defenceFlood alleviation Waste management Water & Sewerage

  6. Seven ‘pillars’ of ISNI 2011-21 Networks Skills Health Social Environment Productive Justice £2.6 billion Roads Public transport Energy (electricity, gas) Telecoms Ports

  7. Seven ‘pillars’ of ISNI 2011-21 Networks Skills Health Social Environment Productive Justice £2.1 billion Schools Libraries Further Education colleges Universities

  8. Seven ‘pillars’ of ISNI 2011-21 Networks Skills Health Social Environment Productive Justice £2.9 billion Primary Care Hospital modernisation Emergency services Residential care

  9. Seven ‘pillars’ of ISNI 2011-21 Networks Skills Health Social Environment Productive Justice £2.5 billion Regeneration Public housing Sports, culture & arts Museums

  10. Seven ‘pillars’ of ISNI 2011-21 Networks Skills Health Social Environment Productive Justice £1.8 billion Drinking water quality Waste water treatment Solid waste & recycling Flood risk management

  11. Seven ‘pillars’ of ISNI 2011-21 Networks Skills Health Social Environment Productive Justice Enterprise/Innovation Tourism product Rural industries Public sector reform £0.7 billion

  12. Seven ‘pillars’ of ISNI 2011-21 Networks Skills Health Social Environment Productive Justice Police / Law enforcement Courts Forensic science Prison & probation services £0.7 billion

  13. Thank you. Any questions?

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