8 October 2019

MSPs Welcome £10 billion Investment in the North-east

Aberdeenshire MSPs Gillian Martin and Stewart Stevenson have welcomed £10.1 billion of public and private investment in infrastructure projects due to be delivered in the North-east before 2030 following the Investment Tracker published today.
Aberdeen & Grampian Chamber of Commerce’s investment update, shows committed future investment in the region has risen by £1.7 billion over the past 12 months.

This comes on top of £800 million worth of projects being completed since the 2018 Tracker was published, including Aberdeen Art Gallery, the Music Hall, Banchory Sports Village and the region’s new world-class events complex P&J Live.

Much of the investment in the document comes from Scottish Government funding which is scheduled for the next three years and includes projects involving transport & infrastructure, office & retail and leisure & culture, as well as health, sport & education.

Gillian Martin, MSP for Aberdeenshire East, commented:

“Digital connectivity is absolutely critical to opening up the huge economic potential of the North East.

"While this is an issue reserved to Westminster, I am delighted that the SNP has taken the initiative and committed £77 million to make sure everyone in Aberdeenshire has access to superfast broadband by 2021.”

Banffshire and Buchan Coast MSP, Stewart Stevenson, said:

“The Tracker tells a story of great progress for our regional economy with £2.5bn of infrastructure projects delivered since 2017 and more to come.

“The North-east’s bold investment programmes are creating an energised, connected and revitalised region, one that offers an unparalleled experience for residents and visitors alike.”