On the 19th March 2014, the Chancellor of the Exchequer announced the creation of Northern Ireland’s only Enterprise Zone in Coleraine, linked to a Data Investment Centre at, or
near the Kelvin Landing Station.
The (then) Department for Enterprise, Trade and Investment, confirmed that the pilot Enterprise Zone, adjacent to Ulster University’s Coleraine Campus, was selected as the site, as it has already received planning permission (in October 2013) for a potential Data Centre. The Enterprise Zone status was established in law in July 2016. The project benefits from Enhanced Capital Allowances, superfast broadband and the land is zoned as industrial/commercial.