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New City Deal Signed off for Edinburgh and South East Scotland



The CSPP welcomes the announcement of the Edinburgh and South East Scotland City Region Deal, which will bring about new opportunities and economic growth for the area. You can learn more about our commitment to the development of towns and cities in Scotland by reading our policy statement ‘The Importance of Place”, or by contacting us here.

The new deal, which will cover Edinburgh, the Lothians, Fife and the Borders, is expected to create 21,000 jobs in the region, and create new opportunities through investment in the key sectors of housing, innovation, transport, skills, and culture. 

The Scottish Government, the UK Government, the University of Edinburgh, and local authorities will contribute funding to the deal, which will amount to about £1bn in total, with £300 million in contributions from both the Scottish Government and the UK Government. 1

Scottish Economy Secretary Keith Brown declared: 

“I am very pleased that we have been able to get to the stage of achieving such an ambitious deal for the region.

“Edinburgh and its city region is an area of huge importance to the Scottish economy.  It contains over a quarter of Scotland’s population and contributes £33 billion to the Scottish and UK economies.

“The Scottish Government will be investing in the region’s workforce and will invest up to £25 million for an Integrated Regional Employability & Skills Programme which will reduce skills shortages and gaps, delivering opportunity for people across Edinburgh, the Lothians, Fife and the Borders.

“The Scottish Government has also committed £140 million to transport projects including £120 million for improvements to the A720, Edinburgh City bypass and £20 million for improvements at West Edinburgh.

“Providing decent housing is a priority for the Scottish Government so we will invest £65 million into new housing for the region. 

“We will also be investing £60 million in innovation and that will focus on ensuring businesses and communities across the region can benefit from opportunities through world class business infrastructure.

“Festivals are a crucial part of the culture and economy of Scotland, which is why we are investing £10m towards a new concert venue for the city. We will reinforce Edinburgh’s reputation as a leading centre for music and the performing arts through investing in the proposed IMPACT project, working with existing philanthropic and commercial partners to deliver a new world-class performance venue in the heart of Edinburgh, and a new home for the Scottish Chamber Orchestra.

“In addition I look forward to discussing with partners how we can further support Edinburgh’s festivals.

“Taken together these projects will help the region continue to thrive and grow, fulfilling our ambitions for the region to be one of the fairest and most inclusive areas in the country.” 2 

1 – Source : BBC News.

2 – Source : Scottish Government.

Picture by Barnyz: Source. License

       
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