City Region Deal

Press/Media: Research

Description

Media Release: Funding released for three projects as the Inverness and Highland City-Region Deal is signed

The City-Region Deal sets out the areas where the Scottish Government will commit investment of up to £135m and the UK Government will commit investment of up to £53.1m, which, together with £127m of further investment by the Council and partners, will deliver a step change in digital connectivity, digital healthcare, skills, innovation and infrastructure.

The impact of the deal on Inverness and the wider Highland region will be significant in securing the long-term productivity and economic growth of the region and position it as a region of digital opportunity. Regional partners estimate that the City-Region Deal funding of £315m could unlock up to an additional £800 million of investment by the private sector.

Period3 Feb 2017