£200m pledged for Tay Cities Region Deal

The Scottish Government said it has agreed to invest £200 million in the Tay Cities Region — and it has challenged the UK Government to match this funding.

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 £200 million 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.

“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 £400 million 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.”