Strategic Investment and Regeneration
This division provides advice to ministers and departments on infrastructure investment. It also manages the development of a small number of key security sites and the Maze/Long Kesh site to facilitate a programme of economic renewal.
The division also has an oversight role in the regeneration of the Derry City Council area through the co-ownership, with DSD, of Ebrington. It is also responsible for advising Ministers on policy relating to the Investment Strategy for Northern Ireland and Public Private Partnerships, in conjunction with the Department of Finance and Personnel and for oversight and monitoring of the Strategic Investment Board.
Strategic Investment Unit (SIU)
SIU was established to advise ministers on the development and co-ordination of PPP policy and to monitor and evaluate its implementation. SIU carries out its work in conjunction with the finance and procurement teams in the Department of Finance and Personnel and supports the work of the Strategic Investment Board.
The unit is responsible for:
- providing advice to Ministers on the development and co-ordination of Public Private Partnership (PPP).
- the oversight and monitoring of the Strategic Investment Board (SIB)
The SIB is a company limited by guarantee, wholly owned by the Executive Office. It was created to provide a centre of excellence and expertise in project development, project management and procurement and provide guidance and support NI Departments on the appropriate use of PPP projects.
Investment Strategy for Northern Ireland
We have responsibility, along with SIB, for co-ordination of the Executive’s Investment Strategy Implementation.
The current Strategy is 'The Investment Strategy for Northern Ireland 2011 – 2021', which you can view via the Strategic Investment Board website.
A report on progress with implementation of the Investment Strategy 2011 – 2021 is available below:
Public Private Partnership
We have responsibility, in conjunction with the Department of Finance and Personnel, for the development and co-ordination of Public Private Partnership (PPP) policy in the public sector in Northern Ireland and the evaluation of its implementation.
Working with government departments and the Strategic Investment Board, we aim to develop knowledge and skills and identify new PPP models required to deliver the investment in the Northern Ireland infrastructure.
HM Treasury collects and collates information on Private Finance Initiative (PFI – a type of PPP) contracts from across the UK. The information published by HM Treasury for 2013/14 is available below:
Data on PFI commitments for NI Departments and their arms length bodies (ALBs) as of 31 March 2014 is available below:
Some commentary on the data is also available below:
This data has been supplied by the relevant departments and their ALBs. Any specific queries in relation to individual projects should be addressed to the relevant department. General queries please email: linda.girvan@executiveoffice-ni.gov.uk.
Regeneration of sites
In May 2002, the Reinvestment and Reform Initiative was launched by the then Prime Minister, Chancellor of the Exchequer and the First Minister and deputy First Minister. This groundbreaking initiative was intended to provide a new momentum for social and economic regeneration in Northern Ireland.
As part of the initiative, the government agreed to transfer to the Executive, without charge, a number of former security sites, namely Crumlin Road Gaol, security bases at Malone Road, Belfast and Magherafelt; Ebrington Barracks in Londonderry; and the Maze Prison/Long Kesh site, near Lisburn. The Maze/Long Kesh site is uniquely significant in this regeneration programme.
Reinvestment and Reform Initiative
The Reinvestment and Reform Initiative (RRI) was designed to address the major deficit in infrastructure and to modernise key services. The Initiative targets services such as water, health, transport and education and intends to reverse the damage caused to Northern Ireland’s public services by 30 years of focus on security issues.
Further information on the Strategic Investment Board can be found on their website. You can also view press releases and speeches related to RRI.