AQW 55367/11-16

Ms Claire Sugden
Independent
East Londonderry

Tabled Date: 09/03/2016
Answered On Date: 21/03/2016
Priority Written: No

Question:
To ask the Minister of Enterprise, Trade and Investment to detail (i) any conversations he has had with the Secretary of State regarding the Enterprise Zone at Coleraine and (ii) when an announcement can be expected.

Answer:

I have not had any talks with the Secretary of State regarding the pilot Enterprise Zone in Coleraine.

The pilot Enterprise Zone announced in the Chancellor’s Budget statement in March 2014 will only offer Enhanced Capital Allowances as an incentive. The decision to designate a particular area offering Enhanced Capital Allowances is ultimately for HM Treasury. HM Treasury is currently considering a request for formal designation of a pilot Enterprise Zone in the Coleraine area and it is expected that designation will be confirmed in the near future.