About SIB

Strategic Investment Board Limited (SIB) supports the Northern Ireland Executive to deliver major and complex infrastructure projects successfully – helping to accelerate the ongoing transformation of the region into an excellent location in which to live, work and invest.

SIB is a professional advisory company within the public sector in Northern Ireland - working wholly in the public interest. The company was established under statute by Ministers in 2003 to bring high calibre investment skills into the public sector in order to accelerate the delivery of major infrastructure programmes and to ensure a good deal for the public purse. The company remains fully owned by and accountable to the Office of the First Minister and deputy First Minister (OFMDFM).

SIB is tasked by Ministers with three main roles:

• to prepare and oversee the Investment Strategy for Northern Ireland (ISNI), the Executive’s 10-year plan for infrastructure investment across the region, and advise Ministers on effective implementation;
• to support the procurement and delivery of major projects and programmes at the request of sponsoring departments in order to help accelerate delivery timetables and obtain better value for the taxpayer; and
• to foster reform in systems and processes across the public sector through investment in better infrastructure.   

SIB’s services are delivered by a core team of 18 Strategic Advisers who work directly with Ministers and their Senior Officials. Advisers bring extensive experience of funding and implementing major investment projects across the EU and further afield. They are selected based on leading competency in key disciplines such as Strategic Advisory, EU Procurement Law, Civil Engineering, Project Finance, Government Accounting, Commercial Negotiation, and major Programme/Project Management. The majority of advisers have extensive private sector corporate backgrounds.

Partnership is a vital aspect of the work. SIB builds good working relationships with stakeholders across the public, private, voluntary and community sectors to ensure effective delivery of the Executive’s objectives.