- Updated: 16 February, 2016
The development of the first cleantech hub in Northern Ireland has the potential to bring economic, social and physical benefits for Belfast residents, as well as additional rates and investment for the city.
Investors, developers and occupiers are currently being sought for the c.30 acre plant across a range of cleantech industries, including recycling, renewables, alternative fuels, water treatment and other low-carbon technologies. The £9.5 million project is funded by Belfast City Council (£3.5 million), and in part funded by Invest Northern Ireland (£2 million) and the European Regional Development Fund, under the Sustainable Competitiveness Programme for Northern Ireland (£4 million).
At 340 acres, Giant's Park is the largest redevelopment site in Belfast. The current works include installation of more than 1700 metres of roads, the setting up of key services such as telephone lines and electricity cables, and landscaping of the site. When completed, Giant's Park will have Northern Ireland's first ever Cleantech Hub, which has the potential to create up to 400 green collar jobs, bring investment of up to £105 million and make Northern Ireland a leader in green technology.
"More and more, we've seen how resilient infrastructure, new technologies and renewables attract investment and propel our economy forward," said Richard Kirk, Regional Director of ICE NI.
"Establishing our country's first-ever Cleantech Hub at Giant's Park will set a new standard for Northern Ireland and affirm Belfast's status as a world-class city."