29/07/2011

Republic 'Wins' 2012 Olympic Race

The Irish Republic has beaten the North in the sprint for business generated by next year's London Olympics.

Stormont Enterprise Minister Arlene Foster is encouraging more companies to explore business opportunities offered by global sporting events - even though NI has been accused of 'dropping the ball' on the commercial Olympic race.

She has announced that 43 Northern firms - including several in the construction sector - have so far won more than £40 million of Olympics contracts.

But there were far more opportunities missed - with these taken up by the Irish Republic instead.

Her announcement of new business yesterday followed criticism about NI's failure to attract any of the teams competing in the 2012 Olympic Games to train locally.

The Irish Republic has in fact signed-up four teams to be based at the National Aquatic Centre in Dublin as opposed to NI's zero.

They are the Hungarian team and - ironically - the British water polo teams and the UK Paralympic swimmers as well as the USA synchronised swimming team.

Northern Ireland has contracted to take no teams at all, with Kate Hoey, the Labour MP, who is originally from Co Antrim and is a former UK sports minister, saying that Northern Ireland had been "complacent" towards the Olympics.

She told BBC NI this week that one potential fringe benefit of the Games was the building of an Olympics sized swimming pool in Bangor.

When announced back in June 2007, it was suggested that Northern Ireland's first 50m pool would be perfect for a pre-Games training camp, but as everyone knows, that will not happen now. It was originally due for completion by March 2010.

North Down Borough council has since confirmed that the new pool will not be ready until autumn 2012, after the Games has finished.

Some 27 venues in Northern Ireland were included on a list of suitable sites for Olympic and Paralympic training camps, yet not one of the teams have signed up for any of them.

Winning Firms Strike Gold

With just one year to go before the London opening ceremony, details of new NI contract successes have nevertheless been revealed by the London Organising Committee of the Olympic Games.

This includes builders H&J Martin in Belfast, which has won a contract to work within the International Broadcast Centre, and Boyd Bedding of Newtownstewart, Co Tyrone, which will be the sole supplier of wood shavings for the extensive equestrian section.

Companies have also secured business from several channels including CompeteFor, the web portal that has been marketed extensively in Northern Ireland, and from being part of the existing supply chains of major contractors.

A further £350 million worth of contracts for products and services are still to be placed and the contracts, many of which will be ideally suited to smaller companies, are likely to be let right up to the start of the Games in July 2012.

DUP Minister Foster said: "Over the past two years Invest Northern Ireland has made significant support available to companies who are bidding for 2012 business.

"The number of Olympics contracts awarded show that businesses here can compete successfully for work associated with this major, iconic event.

"Furthermore, several local food companies are currently bidding to provide food and drink to participants, organisers and visitors. However, the 2012 Olympics and Paralympics are just part of a series of upcoming major business opportunities for Northern Ireland companies," she said.

"Invest NI is already working to help companies secure business from other forthcoming international sporting events, especially the Commonwealth Games in Glasgow in 2014, the Winter Olympics 2014 at Sochi, Russia, the 2014 FIFA World Cup in Brazil and the 2016 Olympics and Paralympics in Rio de Janeiro.

"I would encourage all companies to access this support and explore the contracts on offer," she said.

Logan's Travel, Dunloy, and Translink, Belfast will both supply coaches for use during the 2012 Games.

Cunningham Covers in Maghera also won the contract to provide huge tarpaulin covers for the beach volleyball centre at Horse Guards Parade in the centre of London.

McGrath Group, Lisburn, has provided the architectural metal wok for the Olympic Stadium and Macrete Concrete, Toomebridge, the parapet support structures for bridges and roads in the Olympic Park.

Arlene Foster added: "It is encouraging to see the level of significant business placed with a broad range of Northern Ireland companies including Lagan Construction in Belfast, McAvoy Off-Site, Dungannon, Brett Martin, Newtownabbey and Ulster Weavers in Holywood.

"With a year to go before the Games begin, Invest NI will, along with the Department of Culture Arts and Leisure, encourage and assist our companies to identify opportunities.

"I am confident that the experience gained by many of our companies, both large and small in bidding for business from the 2012 London Olympics will benefit them at forthcoming international events," she said, optimistically.

See: NI 'Losing 2012 Olympic Training Race'

(BMcC/GK)

Related Irish News Stories
Click here for the latest headlines.

30 June 2011
Irish Companies Achieve €14bn Of Exports
Enterprise Ireland’s Annual Report and Accounts for 2010 shows that Irish companies achieved €14bn export sales in 2010. Within that, Irish companies achieved a record €1.95bn of new export sales. This represents a strong rebound and recovery of 70% of the exports lost in 2009.
12 February 2016
New Jobs Announced By Irish-Owned IT Specialist
Fifty new jobs are to be created in Cork by Irish-owned IT project specialist, Aspira. The new 'high-level' jobs were announced at the official opening of the company's new Cork headquarters, where the majority of the jobs will be based. The rest will be at Aspira's Dublin office.
16 April 2012
US Bus Companies Mount Legal Challenge Over €150m School Bus Contracts
Two American transport companies are mounting a legal challenge to open up the €150m-a-year Irish school bus contract, the Irish Independent has learned.
14 September 2015
Minister For Jobs Begins Trade Mission To China
Minister for Jobs Richard Burton has begun a five-day, four-city trade mission to China, aimed at supporting jobs in Ireland. The Enterprise Ireland and IDA Ireland mission involves a total of 36 Irish companies, and comprises 44 meetings and events in four cities – Beijing, Shanghai, Shenzen and Hong Kong.
06 January 2015
Over 15,000 Jobs Created In 2014
Over 15,000 new jobs were created by IDA Ireland client companies last year. When job losses were taken into account, the net increase in employment was 7,131, one of the highest net levels of job creation in a decade. Total employment at IDA client companies now stands at 174,488 people, the highest level in the history of IDA Ireland.