Fingal to benefit from joint effort to boost economy between Dublin and Belfast

Fingal to benefit from joint effort to boost economy between Dublin and Belfast

A new cross-border partnership established to foster economic growth along the key strategic route between Dublin and Belfast has announced its inaugural political leadership team who will help drive employment opportunities, address barriers impacting trade and encourage the delivery of better transport infrastructure.

Cllr Pete Byrne from Newry, Mourne and Down District Council in Northern Ireland was elected as Chair of the Dublin Belfast Economic Corridor (DBEC) Oversight Board, a body made up of councillors from the eight local authorities along the corridor. Mayor of Fingal Cllr Seána Ó Rodaigh was named Deputy Chair.

Speaking at DBEC’s first Oversight Board meeting, Deputy Chair Cllr Seána Ó Rodaigh said: “Alongside the obvious social and economic benefits of closer cross border collaboration in order to develop the corridor, what we are looking to help drive is greater inward investment, the boosting of trade opportunities for local businesses, increased production in key sectors and higher employment. This will be increasing important as the population along the corridor continues to grow.”

Welcoming the new appointments, Chief Executive of Fingal County Council, AnnMarie Farrelly said: “Since DBEC was launched earlier this year there has been a great deal of cooperation and collaboration going on between councils to ensure we can capitalise on the support this initiative has received from all levels of Government. Fingal is in a strong position to benefit from the joint effort to drive this key economic corridor forward, and we are working to identify new opportunities which can help boost connectivity, enable innovation, generate jobs and foster greater socio-economic growth.”

New DBEC Chair Cllr Pete Byrne said: “We have a real opportunity through the work of DBEC to deliver jobs and sustainable growth along what is a major economic pipeline for the whole of the island. There is a rich and diverse range of sectors and a large number of businesses which we can help to grow, be it in Agri-Food, financial services, tourism, high tech manufacturing or construction.”

As part of their efforts to develop a regional proposition for economic growth, DBEC has engaged leading consultants KPMG to undertake work which will help deliver a development plan to identify priority areas of cooperation between the councils and what DBEC could look to do to encourage greater economic regeneration across the corridor area.

Launched earlier this year, the DBEC partnership has members coming from four councils on either side of the border. There are 24 councillors who sit on the Oversight Board, three each coming from the eight councils involved: Armagh City, Banbridge and Craigavon Borough Council; Belfast City Council; Dublin City Council; Fingal County Council; Lisburn and Castlereagh City Council; Louth County Council; Meath County Council; and Newry, Mourne and Down District Council.

The partnership also includes Dublin City University and Ulster University who collaborated to produce the report that led to the formation of the group in March of this year.

Currently there are some two million people living in the eight council areas that the economic corridor passes through, however its population is expected to grow faster than elsewhere across the island of Ireland. Predictions are that the total population will reach 2.5 million by 2040, bringing with it a younger and more diverse concentration of people.

Fingal to benefit from joint effort to boost economy between Dublin and Belfast