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Political Deal Could Herald Investment Boost

Leading property firm, MCG Investments reported that they have already expressed interest in Northern Ireland days after the return of a functioning executive.

Following the deal between the DUP and the British Government MCG Investments reported “Increased interest” from across the world.

Speaking in the News Letter MCG Investments Managing Director, Tanya McGeehan, said that the deal and a stable Assembly promised a positive outlook ahead.

“Business can only grow and function well in any part of the world with stable and effective government in place,” she said. 

“For too long, over recent years, Northern Ireland business has suffered greatly with stop-start government, the Covid pandemic, and the cost-of-living crisis, all in the shadow of the Brexit debate.”

The founder of the Magherafelt based company said that Northern Ireland businesses displayed resilience in the face of adversity and the agreement to reinstate the executive they had witnessed “increased interest”.

“Since news of the recent deal emerged, we have already had new leads keen to work with us,” Ms McGeehan explained. Right now, we have the unique opportunity of a best-of-both-worlds scenario with unfettered access to the EU single market and seamless UK trade.”

MCG Investments, have investors, equity partners and clients from Dublin, London, and the UAE, believes in what Northern Ireland can do going forward.

“They believe there is a huge opportunity for us to leverage new business, and now is the time to be bold here” she said. “We are confident about the future of the economy here.”

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