Hundreds of skilled jobs will be created in Northern Ireland. PWC announces $ 40 million investment in new research and engineering center
PWC, a professional services firm, will invest $ 40 million in a new cutting-edge research and engineering center in Northern Ireland, creating more than 750 jobs in Belfast over the next five years.
Recruitment to the center, part of PWC’s fastest growing operating division, will begin soon at the company’s new Belfast headquarters in Merchant Square.
The center will open this summer, and employees can be expected to participate in the development of innovative technologies and data assets to help customers.
The recruitment cycle will fill 771 new technical and operational positions, including 108 positions in the software and engineering sectors. Queen’s University will also create 38 other academic research positions using Belfast and the University of Ulster. These universities will work together to develop joint research teams to implement the research-engineering program of the PWC Center.
Northern Ireland’s Finance Minister Paul Froo praised the funding of the project and expected strong STEM workers in Northern Ireland.
This important investment of PWC is a vote of confidence in the capabilities of our local workers and the success they have already achieved here. With about $ 10 million in support from Invest Northern Ireland for the new center, this investment will lead to the creation of over 800 new jobs, which will create an additional $ 25 million in annual wages for our economy, ”he said.
Invest NII has pledged more than $ 9.8 million to support this investment, which contributes to 37 R&D projects in key technology sectors such as robotic process automation, workflow automation, LAI and data analysis.
Ian McConnell, partner manager at PWC Operations, said the location of the Cutting Edge Research and Engineering Center in Merchant Square places Northern Ireland at the heart of PWC’s future technology strategy.
“We create a team of engineers and technicians who work in a large innovative ecosystem, including government, academia, and business, helping our clients make giant leaps beyond progressive steps,” McConnell said.
This is a great statement of confidence from the PWC UK Board of Directors on Operate Business and our local talent. The strength of our people has already enabled us to run the fastest growing division of the PWC, and I am proud that it provides the opportunity to create hundreds of highly skilled jobs in Northern Ireland.