City Region Deals and Growth Deals invest in projects that drive regional economic growth and create jobs. To date the UK Government has committed almost £1.4 billion of investment to deals in Scotland.
City Region Deals and Growth Deals are agreements between the UK Government, Scottish Government and local partners that invest in cities and economically linked regions of Scotland.
They are an innovative way for all levels of government to work together and create sustainable economic growth and jobs through long-term investment in local projects – unlocking the economic potential of Scotland’s cities and their wider regions and acting as catalysts for further private and public sector investment.
So far, the UK Government has signed City Region Deals and Growth Deals for:
The Glasgow City Region Deal is one of the largest in the UK. The £1.17 billion City Deal is an agreement between the UK Government, the Scottish Government and eight local authorities across Glasgow and the Clyde Valley. Over its lifetime the deal will deliver around 29,000 jobs and spread the benefits of economic growth across the whole region, ensuring deprived areas benefit.
The Aberdeen City Region Deal is an ambitious project between the UK and Scottish Governments, Aberdeen and Aberdeenshire Councils, Opportunity North East, partners and the private sector. £250 million will be invested by Scotland’s two governments over the next 10 years. Projects include a world-leading Oil and Gas Technology Centre, funding for better online services, a centre for pharmaceutical research, a transport review, a centre for innovation in agri-food and nutrition, and the expansion of Aberdeen harbour.
The Inverness & Highland City Region Deal will deliver £315 million of investment, which will boost the region’s growing sectors such as tourism and life sciences and build 6000 new homes of which 1,800 will be affordable homes. The deal will promote innovation and international links, as well as new partnerships between the region’s many small businesses. In addition, it will improve connectivity through investment in transport and help to realise ambitions of becoming the best digitally connected rural region in Europe.
The Edinburgh & South East Scotland City Region Deal will focuses on maximising the economic value of new technology and data driven innovation. It will invest in cutting edge research in the technologies of the future such as AI, health sciences, agri-tech and food and drink, and provide people across the region with the skills they need for the high value jobs being created. It will also create a new concert hall in Edinburgh, reaffirming the city as a global cultural leader.
The Stirling and Clackmannanshire City Region Deal will deliver more than £90 million to the region. The money is being used to attract more businesses, good quality jobs and specialist skills to the region. This will deliver a boost to local economies and improve public services. Innovative projects to transform the region will include a new Tartan Centre, Aquaculture Innovation Hub, and International Environment Centre.
The Tay Cities Deal will deliver more than £350 million to the region. The money is being used to attract more businesses, good quality jobs, specialist skills and visitors to the region. This will deliver a boost to local economies and improve public services. There will be an International Aviation Centre – the first of its kind in Scotland, as well as an International Barley Hub to help maximise the social, environmental and economic benefits of the crop.
The Ayrshire economy is integral to the strength of Scotland’s overall economy. Ayrshire has many strengths; its people, its businesses and its rich natural assets. It is home to approximately 370,000 people. The UK and Scottish governments are each contributing £103 million to the £251.5 million Ayrshire Growth Deal. The deal will drive economic development across the region, boosting jobs, creating opportunity and encouraging further inward investment.
The Borderlands are home to over 1 million people and cover 10% of the UK landmass. This geography presents challenges and opportunities that the Borderlands Growth Deal will address by harnessing the region’s substantial strengths and investing £394.5 million to make it an even better place to live, work and visit. Proposals include improvements for transport, skills, place and regeneration, digital infrastructure, energy, business growth, rural innovation, culture and tourism.
Find out more about how UK Government investment is making a difference.