• STV
  • MySTV

Scottish Government pledges £200m for Tay investment

UK counterparts challenged to match spending for Dundee, Perth, Angus and north Fife.

v&a
Hufton+Crow

The Scottish Government has said it will invest £200m in the Tay Cities Region Deal, calling on UK ministers to match the amount.

The deal will cover investment in Dundee, Perth, Angus and the north of Fife.

It aims to create thousands of jobs over the next 10-15 years by focusing on skills, tourism, transport and innovation.

City Region Deals are agreements between the Scottish and UK governments and councils designed to bring about "long-term strategic approaches to improving regional economies".

Initiatives are already in place for Glasgow, Aberdeen, Inverness and Highland, Stirling and Clackmannanshire and Edinburgh and south-east Scotland.

Previous deals have seen Scottish and UK ministers match each other's funding.

However, the UK Government is yet to confirm how much it will commit to the Tay cities project.

An announcement could be made in the Chancellor Philip Hammond's Budget on Monday.

Infrastructure secretary Michael Matheson said: "Scotland's cities and their regions are the engines of our economy.

"That is why I can confirm that the Scottish Government has agreed to invest £200m in the Tay Cities Region, to deliver significant long-term economic benefits.

'A Tay Cities Region Deal of this scale has the power to build on the area's significant strengths and expertise.'
Infrastructure secretary, Michael Matheson

"A Tay Cities Region Deal of this scale has the power to build on the area's significant strengths and expertise."

He added: "I expect City Region Deals to be funded on a 50:50 basis and I call on the UK Government to match our commitment and make this a £400m deal.

"The Tay Cities Region includes Dundee, Perth, Angus and the north of Fife.

"This investment will help the region continue to thrive and grow, fulfilling our ambitions for the region to be one of the most economically and culturally vibrant areas in the country and delivering benefits to the whole of Scotland."

Tim Allan, president of Scottish Chambers of Commerce, said: "We welcome the announcement from the Scottish Government to commit £200m to the important Tay Cities Deal.

"It is now over to the Chancellor to match the ambition and momentum of the Scottish Government, and to match the figure so we can achieve maximum impact for the region.

"It is critical the Chancellor rises to the challenge, with pace, and put business and enterprise at the heart of his Budget."

Download: The STV News app is Scotland's favourite and is available for iPhone from the App store and for Android from Google Play. Download it today and continue to enjoy STV News wherever you are.

One account. All of STV.

This field is required. That doesn't look like a valid e-mail format, please check. That e-mail's already in our system. Please try again.
ShowHide
Forgot password?
This field is required. This must be at least 6 characters long. Did you enter your details correctly?
If you've forgotten your details then use the 'Forgot password?' link.
Need to reset your password?

We'll send a link to reset your password to

We've sent you details on how to reset your password

Please check your email and follow the instructions.

Forgotten your email address?

Have you forgotten the email address that you previously joined with? Don't worry, by emailing enquiries@stv.tv we can help.

One account. All of STV.

This field is required. Please enter at least 2 characters
This field is required. Please enter at least 2 characters
This must be at least 6 characters long.
ShowHide
This field is required. This must be at least 6 characters long.
You must be over 16 to join STV.
This field is required. This doesn't appear to be a valid date
We need this to check that you live in an STV region.
This field is required. This doesn't appear to be a valid postcode
Would you like us to email you about our great shows and services from time to time?
We'll only send emails we think you'll like (see example) based on information you have supplied and shows you have watched on STV Player. For details on emails and advertising, see our STV & You page.
Would you like to receive emails from the Scottish Children's Lottery about draws, instant games and competitions?
We support the Scottish Children's Lottery (SCL), which is managed by our colleagues at STV ELM Ltd. You can find out more about the SCL on its website, including its Privacy Policy.

By continuing you agree to our Terms of Use, and understand our Privacy and Cookie Policies.

Upload Profile Picture

Please make sure your image is under 2mb in size and a valid JPG, PNG or GIF.

Are you sure?

Unfortunately, you'll be unable to access our premium content. We’ll be sorry to see you go, but if you change your mind you can rejoin us at any time.

Please verify your STV account

Please verify your STV account using the email we sent you. If you have lost the email, we can send you another one, just click the button below.

Thanks

We've sent you a new verification email.
Please check your email and follow the instructions to verify your account.

Welcome to STV
Thanks for joining us.

Oops!

Sorry, you must be at least 12 years old to place a vote for your Real Hero.

Please review our Voting Terms of Use for more information.

Oops!

Sorry! It seems that you are using a browser that is incompatible with our voting service.

To register your vote please copy the below URL in to your regular mobile browser. We recommend Google Chrome, or Safari.

http://shows.stv.tv/real-heroes/voting

Oops!

Sorry, you seem to have already voted in this category.

Thanks for voting

Now share your vote with friends on your social network

Share on twitter Share on facebook

Cast your vote

Please register or sign in to continue.

Cast your vote

This field is required. This doesn't appear to be a valid date

Cast your vote

Please fill out this form to cast your vote. As you are under 16 years old you will not create an STV account. Why do we need these details?

This field is required. Please enter at least 2 characters
This field is required. Please enter at least 2 characters
This field is required. That doesn't look like a valid e-mail format, please check.
Location This field is required.
Parental Consent This field is required.

That's you. All that's left is to click the 'Submit Vote' button below. By doing so, you confirm that you and your parent or guardian have read and accept our Voting Terms of Use, Privacy Policy and Cookie policy, and that the details you have entered are correct. We'll look after them as carefully as if they were our own.