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Economic Conferences

Volume 264: debated on Thursday 26 October 1995

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To ask the Secretary of State for Northern Ireland what new investment in Northern Ireland has resulted from the economic conference hosted by the Prime Minister and President Clinton. [36917]

The inward investment gestation period is usually at least 18 months, so no immediate investment has yet been secured. The conference firmly established Northern Ireland on the investment map. The Industrial Development Board has had over 150 US inquiries since the Washington conference and recorded a threefold increase in US companies visiting Northern Ireland in the year since the ceasefire.