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Motion · S6M-09833 · 29 Jun 2023

Glasgow and Aberdeen Announced as UK Investment Zones

Lodged by Sandesh Gulhane Standard Motion 28 supporters

The motion

That the Parliament welcomes the announcement that Glasgow City Region has been selected, along with North East of Scotland, to be a UK Investment Zone, following an agreement between the UK and Scottish governments; notes that the two regions are the first investment zones outside of England; understands that the two regions in Scotland will each benefit from overall funding of £80 million over a period of five years, and that the regions were chosen in view of their research strengths, an assessment of economic need and potential, and a consideration of geographic spread; considers that investment zones are focused around research institutions, such as universities, and, it believes, drive growth in sectors such as technology, creative industries, life sciences, advanced manufacturing and the green sector; understands that civic leaders, businesses and universities will now begin discussions to develop detailed proposals, and believes that the zones will attract investment, grow the economy and create jobs in the Glasgow and Aberdeen regions.

Supporters (28)

Source: the Scottish Parliament motions and amendments record.