Time to change economic development strategy?

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As Jo has pointed out, the Belfast Telegraph reports that the Prudential initially expanded their operation in Belfast in 1998, with the assitance of £2.5million of public funds provided through the Industrial Development Board. Their subsequent decision to concentrate their operations elsewhere provides a better context for this quote from InvestNI chief executive, Leslie Morrison, announcing the expansion by Reed Managed Services – “They chose to expand their Belfast operation because of the strength of the labour market here, the availability of relevant skills and the support being offered by INI.” – The expansion by Reed is backed by £1.925m in assistance from Invest NI.

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