What is in the detail of the City Region Deal?
The final version of the City Region Deal for Edinburgh has now been signed. But what does it say?
We know that there will be £300 million from the UK Government and £300 million from the Scottish Government although there are those who say that there could have been £400 million if the UK Government had matched Holyrood’s budget.
Regional partners have also committed to investing up to £500 million which makes it a £1.1bn deal expected to generate over £5 bn of Gross Added Value over the same period.
These are the headlines :
- £20 million for the new Concert Hall in St Andrew Square
- 21,000 jobs
- £300 million for world leading data innovation centres
- £140 million for the A720 City Bypass
- £25 million regional skills programme to support improved career opportunities for disadvantaged groups
- £65 million for housing to unlock strategic development sites
But here is the document in full….