A city deal worth over £100 million has been announced for Derry and Strabane.
The package was announced ahead of Tuesday’s new round of Stormont talks aimed at restoring power-sharing.
The investment is made up of £50 million in funding for the Derry and Strabane City Deal and £55 million of additional support through a new Inclusive Future Fund aimed at tackling deprivation and employment issues in the city.
The Government had already signaled its intent to part-finance a city investment deal similar to the agreement secured by Belfast.
The Government has committed £350 million to the Belfast city deal.
Secretary of State Karen Bradley said the Derry City and Strabane City Deal would boost innovation and the digital potential of the region and unlock local partner funding.
“This £105m investment package is a major boost to the economic potential of the region and will help strengthen the foundations for greater prosperity and a stronger, more united society,” she said.
“The new Inclusive Future Fund recognises the unique circumstances facing the region and will help create new opportunities for the whole of the community, especially for young people.
“As secretary of state I am deeply committed to building a dynamic, prosperous, outward-looking Northern Ireland that works for everyone, irrespective of community background.
“Today’s announcement is a major milestone in my personal determination to unlock the huge potential that the whole of Northern Ireland has to offer.”
