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Formal meeting (oral evidence session): Investment in Northern Ireland

Northern Ireland Affairs Committee
Investment in Northern Ireland

Wednesday 25 May 2022

Start times: 9.00am (private) 9.30am (public)


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Sustainable and gender equitable investment in Northern Ireland examined

Northern Ireland has been chronically underinvested in; Foreign Direct Investment per worker is lower than any other part of the UK – a figure that dopped almost 25% from 2017 to 2019, the most recent figure we have. UK Government funding is also lower per head than any other UK nation.

Partly as a result of this trend, people in Northern Ireland often do not have the qualifications necessary to take up the kind of roles available, and younger people are moving away to seek opportunity.

In written evidence to the Committee, the NI Women’s Budget Group, who’ll be represented at the session, pointed out that any investment must create better jobs broadly including in the care sector in which women are overrepresented and cash for STEM careers should also cater for those with caring responsibilities.

Likely areas of questioning

Witnesses are likely to be asked:

  • where opportunities to grow a sustainable and more equal economy in line with the Government’s net zero ambition and the Executive’s 10X Economy visions lie
  • how to address the skills gap and youth retention
  • what the impact of Stormont’s shut down will have on the delivery of investments
  • about the expected effect of the loss of EU funding and its replacement by the UK Government’s Shared Prosperity Fund

Meeting details

At 9.30am: Oral evidence
Inquiry Investment in Northern Ireland
Co-Director at Nevin Economic Research Institute
Director at Sustainable NI
Co-Ordinator at Northern Ireland Women's Budget Group

Location

Room 6, Palace of Westminster

How to attend