DUP MLA Maurice Morrow has welcomed the announcement that land at the Granville Business Estate has been disposed of and allocated to businesses for economic development, as well as the £32 million approval for a natural gas network for towns including Dungannon.
However, he has vowed he will continue to press for the area to become the success story it deserves to be.
“I raised the matter of land at Granville Business Estate on the floor of the assembly during questions to the Minister for Enterprise, Trade and Investment”, he said.
“In addition to the news of land allocated for development, the Minister has advised Invest Northern Ireland has also developed Dungannon Business Park, which is adjacent to the Granville premises, and recently completed the sale of almost 15 acres of this land to a business in support of an economic project. A further six businesses have registered an interest to acquire land within Dungannon Business Park.
“In response to this I further pressed the Minister on possible assistance of energy costs for those companies based at both Granville and Dungannon business parks, as this is a major problem with figures continuing to rise.
“She too had expressed concern in this matter and like myself is delighted to learn the Executive have approved an allocation of up to £32.5 million towards extending the natural gas network towards main towns in the West, including Dungannon.
“This will provide an alternative and cheaper energy source for businesses and domestic consumers. It is hoped the Utility Regulator will shortly commence a public consultation for taking gas to the West. A licence award is expected toward the end of 2013, and hopefully both business and domestic customers will take up the opportunity of joining the network and thereby reducing their energy costs.
“These are very positive moves for Dungannon, and there is now even more reason for investors to choose this area to locate their businesses.
“Dungannon at last is coming into its own and it is clear to see why it has been ranked No 1 in the UK for businesses. We have sustained a zero-rates increase for four consecutive years, without loss of services, which is unprecedented in Northern Ireland, and we have excellent roads infrastructure with the M1 and since its upgrade, the A4.
“However I am not complacent and will continue to press for further investment and assistance to ensure Dungannon reaches its full potential, and can be the success story it deserves to be.”