Invest Northern Ireland has said it is having a positive impact on the province’s economy by helping the companies which it supports grow sales and exports by more than 15% last year.
The annual data release showed significant growth in sales for the advanced manufacturing companies the investment agency supports of over £1 billion in 2022 compared to 2021, while those in the agrifood sector reported a jump of £800 million. Life & Health Sciences and Digital & Creative both reported 20% increases in sales.
Northern Ireland’s closest neighbour the Republic remained the most popular destination for exports while the Americas, which include the US, Canada and South America, recorded the largest jump in sales of 16%. In total, Invest NI support companies account for 80% of sales outside Northern Ireland.
