First phase of Strabane business park to be ready in early 2013

THE first phase of construction on a proposed new business park in Strabane is expected to be completed by early next year with the release of nine acres of new services land, according to Trade Minister Arlene Foster.

Mrs Foster stated: “Invest NI has acquired 40 acres of land at Melmount Road for the purposes of developing a new business park to support economic development in the Strabane District Council area.

“The first phase of construction works, which will see the release of nine acres of new serviced land, is expected to complete in early 2013. To date Invest NI has recorded seven interests from businesses in respect of acquiring sites.”

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After the first phase of construction is completed and the land becomes available Invest NI intends proactively marketing the Park to both foreign and indigenous investors as an investment location.

“It is important to note, however, that the final decision on location rests solely with the investor. Invest NI will continue to engage proactively with Strabane District Council in progressing this important development,” stated the Minister.