A new business centre has been officially opened close to Portglenone.

The £900,000 development was lauded by Social Development Minister Margaret Ritchie.

Almost half the funding came from Ms Ritchie's department, and the International Fund for Ireland.

Located near Clady, the Glenone Park comprises nine commercial and light industrial units and office space.

It is projected that up to 25 new jobs could be created when all the units are fully let.

Minister Ritchie said the project is an excellent example of what can be achieved through partnership.

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"In delivering Community Regeneration Improvement Special Programme schemes like this, my department, the International Fund for Ireland and local councils have together been able to provide support for communities across Northern Ireland to stimulate economic activity."

Anne Henderson of the International Fund for Ireland said: "The brand new business park has already had a positive impact on the local economy, through the creation of 10 new jobs.

"Projects like this play a vital role in stimulating economic development and also help to strengthen and sustain local community life."

Funding for the project was also provided by Magherafelt District Council, Ballymena Borough Council and local community group, Riverside Community Enterprises.

Councillor Sean McPeake, chairman of Magherafelt District Council said: "Council was delighted to be able to contribute £60,000 to the building of this excellent facility.

"The council is confident that the new centre will become the focal point for economic development and create much needed employment for local people."

(PR/GK)