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Background
Strabane 2000 was formed in 1997 by Strabane District Council and Strabane Chamber of Commerce and Industry coming together with the support of the then Department of Environment to examine the regeneration of the town centre.
The aim of this innovative economic and social regeneration initiative is to promote development, which will generate investment and employment for the benefit of both residents and investors in Strabane.
The planned Environmental Improvements, which will lead the regeneration, are estimated to cost approximately £5m and are based on the successful Laganside model of infrastructure led development. These developments are expected to generate further capital investment estimated at £14m, mainly from the private sector.
The Strabane 2000 Initiative complements Strabane District Council's strategy on promoting economic and social development. The implementation of this Initiative also provides a new model of joined up Government in action with Government Departments, the District Council, the Education and Library Board and the Chamber of Commerce and Industry, working together with the community to put in place the infrastructure for sustainable development in Strabane.
As the Annual Review 2004 document outlines, there has been steady progress that would not be possible without combined efforts from all those involved in Strabane 2000.