The Northern Irish department for the economy has announced that PwC is investing £40m in a new advanced research and engineering centre.
The move, which is part of the group’s operate division, is set to create 771 technology and operational jobs across the next five years.
Located at PwC’s new headquarters in Merchant Square, the Belfast centre will open later in the summer.
Recruitment for the centre that is designed to develop innovative technology and data assets to support the Big Four firm’s clients will, in turn, begin immediately.
Paul Frew, NI economy minister, said that the “significant investment” is a “vote of confidence” in the area.
He added: “The new advanced research and engineering centre will drive future innovations in technology.
“It will enhance our reputation as a world leader in technology innovation and our capabilities in important research areas such as robotic process automation (RPA), workflow automation, data analytics and artificial intelligence (AI).”
To secure the project’s development, Invest NI offered PwC over £9.8m that will be used to support 37 research and development schemes, as well as creating 108 software and engineering roles.
Ian McConnell, partner lead at PwC operate, said: “We’re creating a team of engineers and technologists who’ll work within a bigger innovation ecosystem, including government, academia and business, to help our clients take giant leaps, rather than incremental steps.
“It’s a huge statement of confidence from PwC UK’s executive board in both the operate business and our local talent.”
Kevin Holland, CEO at Invest NI, added that he was delighted to have helped “secure the company’s further growth ambitions” in the region.