Successfully conclude on the negotiations with the UK Government to secure the power to vary the rate of Corporation Tax in a timely and affordable manner.
OFMDFM, DFP, DETI
Joint Ministerial Working Group to report in summer 2012.
Ensure the best possible outcome for NI Regional Aid cover / ceilings post 2013 – working in conjunction with the Department of Business, Innovation and Skills.
Establish an Agri-food Strategy Board to develop an Agri-food strategy and action plan to drive export led growth in the sector to 2020.
The Agri-food Strategy Board to complete its action plan by March 2013.
Action plan will extend to 2020
Secure Inward Investment from key sectors
Promote 5,900 jobs from inward investors of which 75% will pay salaries above NI Private Sector Median (PSM).
Secure total investment of £375m by establishing and growing externally owned companies.
Secure £145m in additional wages and salaries.
Allocate £3m per annum for the Assured Skills programme to help attract and embed FDI and meet the needs of indigenous companies creating new employment.
Agree with the UK Government on the proposals to devolve the powers to set Air Passenger Duty (APD) for flights departing from NI airports and seek to eliminate Air Passenger Duty on direct long haul flights.
Increase the value of manufacturing exports by 20% by 2014/15 and encourage first time exporters
Promote 60 start ups selling outside UK markets.
DETI/ Invest NI
A new Export Start Programme (achieving 440 Export Starts selling to GB) and focusing on identifying and supporting entrepreneurs with business start ideas capable of trading in external markets.
Engaging with the UK Future of Manufacturing Study, and, through MATRIX, conduct a NI specific analysis of future opportunities and requirements.
Provide 7,200 trade interventions of which 20% will be Stage 1 exporters (i.e. exports with less than 25% of sales outside the UK).
DETI/ Invest NI
Increase the value of manufacturing exports to emerging economies by 60%
Optimise economic impact through better cooperation between IntertradeIreland, Enterprise Ireland, Invest NI and Sponsor Departments
Stimulate trade and innovation on a North/South basis by promoting 150 first time exporters and 500 jobs created or sustained.
Competing in the Global Economy
Further hone the focus of our FDI effort to target investment aligned to global market opportunities and our research strengths as identified by MATRIX and our ongoing foresight work.
Improve our support to assist local companies compete internationally by forging strategic partnerships / relationships with specified regions in fast growing emerging economies, where there are alignments with NI research and skills capabilities and global market opportunities.
Work in collaboration with partners (local government and business organisations) to develop and deliver a full range of support, and remove unnecessary duplication, for companies throughout the export lifecycle covering those who are already competing in international markets to those considering exporting for the first time.
DETI/Invest NI, Councils, Business organisations
Support the development of local export-focused clusters targeting niche global markets, based on priorities identified by MATRIX.
Theme E: DEVELOPING ECONOMIC Infrastructure
Enhance regional connectivity and competiveness through investment in our transport infrastructure
Through the Regional Transportation Strategy, invest over £500m in a programme of measures to secure more sustainable modes of travel to achieve an annual average of 77m passenger journeys by public transport including:
By 31 March 2014 increase park and ride provision for traffic entering the Belfast Metropolitan Area by 55% over 2010 levels;
Increase dedicated bus lanes by 22% over 2010 levels;
By 2012, initiate a series of Active Travel demonstration projects; and
By 2013 provide 126 public charge posts for electric vehicles.
Progress the upgrade of key road projects and improve the overall road network to ensure that, by March 2015, journey times on key transport corridors are reduced by 2.5%.
Substantially complete phase 2 of the upgrade to the Coleraine to Derry/Londonderry railway line.
Maintain the road infrastructure to keep it safe, effective and reliable through sustainable maintenance regimes and the timely repair of road defects.
Ensure 65% of the motorway and trunk road network is in satisfactory structural condition.
Facilitate economic growth through investment in our water and sewerage infrastructure
Maintain a high quality of drinking water and improve compliance with waste water standards by investing over £600m in water and sewerage infrastructure to:
Ensure the standard of drinking water quality is maintained at 99.7% Mean Zonal Compliance in line with Water Quality Regulations (NI) 2007; and
Ensure that the percentage of the population equivalent served by waste water treatment works with a population equivalent greater than 250 achieving compliance with the Water (NI) Order 1999 consents is maintained at an acceptable level.
Improve our infrastructure to reduce leakage, cut unsatisfactory sewerage discharges, lower energy consumption and allow for future growth by focusing leakage detection and reduction with the aim of achieving and maintaining the level of leakage reported in ML/day.
Promote the development of economic infrastructure in NI
Delivery of the 2011-15 objectives within the Strategic Energy Framework (SEF) 2010, aimed at:
Encouraging achievement of 20% of electricity consumption from renewable sources and 4% from renewable heat by 2015;
Building competitive energy markets; e.g. promoting the longer term integration of the Single Electricity Market within a British Isles and European wholesale electricity market;
Ensuring security of supply; e.g. supporting the development of a range of renewable technologies to ensure the most cost-effective and reliable mix of generation which maximises NI’s sustainable energy resources; and
Enhancing sustainability and development of our energy infrastructure. e.g. ensuring that support mechanisms for renewable electricity are tailored and appropriate to NI’s needs, within the context of the wider wholesale electricity market.
Promote the development of technology based economic infrastructure
Ensure that all premises in NI have access to broadband services of at least 2 megabits per second (mbps).
Increase 3G mobile coverage and optimise mobile networks for delivery of superfast mobile broadband services (4G).
Increase access to high-speed telecoms services by delivering 200 additional multifunctional fibre access points.
Promote the development of tourism infrastructure.
Complete the tourism signature projects and continue to invest in relevant tourism products:
Opening of Titanic Belfast;
Opening of Giant’s Causeway Visitor Experience;
Walled City Built Heritage Programme; and
Mourne Mountain Bike Project.
Improve the quality of our tourism offering through the delivery of the Tourism Development Scheme.
Create urban centres which are sustainable, welcoming and accessible to all
Develop a holistic approach to urban planning which fosters vitality, viability and excellence in urban design, making our towns and cities better places to live, work and invest by:
Having locally-agreed and up to date Masterplans for each city and large and medium sized town in NI;
Creating Comprehensive Development (CD) opportunities and bringing at least 18 CD opportunities to the market for consideration by March 2015;
Investing in the public realm of NI’s towns and cities to deliver 48 Public Realm schemes by March 2015;
Levering in an average of £3 of private investment for every £1 of public expenditure in Urban Development Grant scheme; and
Bringing forward legislation to support the creation of Business Improvement Districts, to have primary legislation in place by 2012.
By March 2015
Modernise the Planning System
Legislate to reform and modernise the planning system so that it supports the future economic development needs of NI. This will result in faster decisions on planning applications, faster and fairer appeals, stronger and simpler enforcement and a new duty to further sustainable development and well being.
Devolve to councils, responsibility for creating spatial Local Development Plans for managing most development within their areas and for enforcing planning decisions.
Increase certainty for investors in the marine area by legislating to provide for a marine spatial plan and further streamlining of certain energy licenses.
Wider Infrastructure Investment in Support of Economic growth
Provide new opportunities for sustainable economic development in our most scenic areas by legislating for the designation of National Parks.
Maintain and improve the Health Estate infrastructure in line with the Investment Strategy for NI.
Prepare and adopt a marine spatial plan for our waters that will promote more efficient use of marine resources and provide greater certainty of outcomes for investors.
Invest to improve the transport infrastructure and do so in a smarter and more sustainable way.
Overhaul our energy infrastructure to ensure it will be fit for purpose through to 2050 by:
Encouraging long term investment in the electricity grid;
Exploring prospects for further development of the natural gas network;
Encouraging proposals aimed at increasing the security of our energy supply; and
Underscoring our commitment to further integration of EU gas and electricity markets.
Continue to make targeted interventions in telecommunications infrastructure to ensure that we keep ahead of our competitors.
Continue to explore options for further investment in our tourist / cultural amenities, including a fully integrated conference and exhibition facility, development of a new links Golf Course, upgrading our museums and cultural assets and creating efficient visitor friendly gateways.
THEME F: REBUILDING IMPROVING EMPLOYMENT OPPORTUNITIES AND EMPLOYABILITY,
Promote 6,300 jobs, 4,000 to be created by March 2014
Secure total investment of £225m through the Jobs Fund.
Provide Employment Grant support to promote 4,030 additional new jobs across a range of business sectors by March 2015, with 1,730 new jobs to be created by March 2014 and 150 new jobs created through a new “Business Growth Programme”.
Provide a Business Start Grant leading to the creation of 1,500 jobs for residents of Neighbourhood Renewal Areas (NRA) and 280 jobs for young people Not in Education, Employment or Training (NEETs) who have completed an Invest NI approved business plan.
Create 340 new jobs through a range of measures aimed at strengthening the Social economy sector including development and implementation of a new “Social Economy Franchising Programme”
Help the Construction Sector
Help the Construction sector by delivering approximately 8,000 social and affordable homes over the budget period.
Help the Construction sector by delivering key road and rail projects including phase 2 of the upgrade to the Coleraine to Derry/Londonderry railway line, and investing to maintain our roads infrastructure.
Help the Construction sector by substantially completing the construction of the new Police, Prison and Fire Service Training College, utilising at least 70% of the programme capital budget by 2015.
Employment & Employability
Move 114,000 working age benefit clients into employment by March 2015.
Stimulate 1,150 new employment opportunities in rural areas under the Rural Development Fund by 2015.
Under the Steps to Work programme, offer a period of supported self-employment for those who have an interest in running their own business.
Take an Area Based Approach by replicating examples of good practice within the social economy sector in areas where the sector is not working as effectively, in line with Social Investment Fund priorities.
DETI/ Invest NI
Within a wider strategy which encourages young people to enter employment, education and training, address the issue of youth unemployment by delivering 6,000 work experience and training opportunities by 2015.
Strategy to be effective by 2012-13.
Explore options to further address graduate unemployment with a particular focus on ensuring that our actions in this area will assist with the rebalancing of the economy.
To ensure that job opportunities in emerging growth sectors are supported by the new work programme and training provision available to the unemployed. This is the next generation of the Steps to Work programme. It is currently under development and will be the main adult ‘back to work’ programme funded by the Department.
Through Neighbourhood Renewal and Community Development, improve the employment opportunities of those people living in the most deprived neighbourhoods by helping them secure the skills they need to participate in the labour market. This includes helping people with poor basic literacy and numeracy skills and helping overcome any barriers to work such as a lack of affordable childcare.
Publish and implement a Childcare Strategy with key actions to provide integrated and affordable childcare
Provide £40m to address dereliction and promote investment in the physical regeneration of deprived areas through the Social Investment Fund. (SIF)
Invest £40m to improve pathways to employment, tackle systemic issues linked to deprivation and increase community services through the Social Investment Fund.
Develop and implement a Financial Capability Strategy for consumers
Strategy Completed by March 2013
Publish for consultation a Public Health Strategy in 2012, recognising the interrelationship between improved health and well being and economic development.
Maximise the social benefits of investment through the inclusion of social clauses in all public procurement contracts for supplies, services and construction.