The Armagh, Banbridge and Craigavon Borough Council is one of three local authorities which will benefit from a £300million growth deal announced by the new Prime Minister Boris Johnson.
The news has been welcomed locally by the DUP, who said it will enable ABC Council, along with Mid Ulster and Fermanagh & Omagh Councils, to “forge ahead and develop opportunities for economic growth across this region of Northern Ireland”.
DUP Group Leader Mark Baxter stated: “The new Prime Minister has stated that he wants to see the United Kingdom ‘unleash its productive power’ not just in London but right across the UK and this new funding is certainly going to assist in that purpose.
“I thank all those involved including our own Party Leader for establishing important links with the UK Treasury to enable this funding to become a reality.”
Councillor Baxter added: “I look forward with my colleagues on ABC Council to getting into the finer detail of the growth deal and how this portion of the £300million regional fund will be spent.
“It will be most beneficial to ABC Borough and a very welcome boost in further realising our full economic potential as a business focused local authority.”