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£45 Million Investment Into Stirling and Clackmannanshire UK City Deal

May 31, 2018

Our government is investing £45 million into the Stirling and Clackmannanshire UK City Region Deal. This amount will be matched by funding from the Scottish Government, making the total more than £90 million.

 

The deal will drive economic growth across the region, this will allow even more jobs to be made and increase fortune for generations in the future.

 

The deal is expected to create as many as 1000 jobs over and beyond the 15 years of the plan.

Innovation and much exploration have been put at the heart of the Stirling and Clackmannanshire UK City Region Deal, while making the most of the area’s amazing heritage.

 

Projects will propel the local economy by helping companies develop and export their world-class expertise, this means that the local people will be able to develop new skills, as well as advance in current ones to get themselves new jobs.

 

Secretary of State for Scotland David Mundell said:

“The UK Government is investing £45 million in the Stirling and Clackmannanshire City Region Deal. The ambitious and innovative Deal will drive economic growth across the region, creating jobs and boosting prosperity for generations to come.

 

“It is now for Stirling and Clackmannanshire to get on with the hard work needed to turn these proposals into a reality.

 

“This is just one part of a programme of UK City Region Deals across Scotland. Today’s announcement brings the UK Government’s investment in UK City Region Deals in Scotland to more than £1 billion.

 

“All of Scotland’s seven cities either have, or are in negotiation for, a deal. Talks are underway on the Borderlands and Ayrshire growth deals.

“The UK Government is working hard to boost economic growth right across the UK. We want to work with the Scottish Government where we can to ensure the sustainability and prosperity of Scotland’s economy.”

 

Projects to be funded by the UK Government include:

  • A new Tartan Visitor Centre in Stirling

  • A new Aquaculture Innovation Hub

  • A new International Environment Centre

  • Releasing land at MoD Forthside for housing and a business premises

  • Skills support for people from disadvantaged groups across

  • Other capital projects across Clackmannanshire

Chief Secretary to the Treasury, Liz

 

Truss, said:

 

“The UK Government is backing cities in Scotland, and this important funding for Stirling and Clackmannanshire will help them develop into leading centres of innovation and academic research.”

 

Work will now start on the detailed business plan for each project.

 

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