The UK Government is investing more than £45 million in the Stirling and Clackmannanshire UK City Region Deal. The 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, creating jobs and boosting prosperity for generations to come.
The deal is expected to create thousands of jobs over and beyond the 15 years of the plan.
Innovation and research have been put at the heart of the Stirling and Clackmannanshire UK City Region Deal, while making the most of the area’s fantastic heritage.
Projects will drive the local economy by helping companies develop and export their world-class expertise, all while local people get the right skills they need to get into 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.
