Green light for City Deal projects

Published: 20 December 2018

The first tranche of investments in a series of transformative projects that will impact Edinburgh, have received approval as part of the City Region Deal.

Combined funding of £384 million was approved by the City Region Deal’s Joint Committee for five projects aimed at unlocking the area’s potential to become a global leader in data driven innovation (DDI), enhancing skills and employability, expanding the region’s cultural offering and delivering a new concert hall.

These investments represent the first step in a hugely ambitious and transformative plan to drive inclusive economic growth and make the region a global leader in data-driven innovation...

Cllr Adam McVey, City Region Deal’s joint committee and Leader, The City of Edinburgh Council

 

Investment will be provided to: IMPACT Centre music and performance venue in Edinburgh,  Bayes Centre at University of Edinburgh, World Class Data Infrastructure project, at University of Edinburgh, National Robotarium at Heriot Watt University, and The Integrated Regional Employability and Skills (IRES) programme.

The approved projects are the first in a series of announcements expected to total around £1.3 billion over the next 15 years.

Leeann Dempster, chair of the City region Deal’s Regional Enterprise Council, said: “Delivering dynamic projects that will enable the region to harness the opportunities available in data-driven innovation is a key aim of the City Region Deal..."

Full story via Scottish Financial News

 

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