Commenting on the announcement that Sinn Féin and the DUP have approved a draft deal to restore devolution, President of the Londonderry Chamber Redmond McFadden said:
“News that a deal has largely been agreed is a huge relief. For three years, there has been a complete vacuum of political decision-making in Northern Ireland and our economy and our society has suffered greatly as a result.
“Key commitments in the deal concerning the North West now need to be dealt with as a matter of urgency. We must see the immediate roll-out of the City Deal package; greater investment in skills and education programmes; the expansion of the university and the establishment of a medical school at Magee; and improvements to our regional infrastructure, to ensure greater connectivity to and from the North West.
“The business community in the North West welcomes this step by the parties. It is time to make the region a vibrant and attractive place to live and do business and we stand ready to work with a new Executive to make these commitments a reality.”