£50 million investment for islands

Outer Hebrides

THE Outer Hebrides, Orkney and Shetland will benefit from investment of up to £50 million by the Scottish Government as part of the Islands Growth Deal.

A range of areas, including tourism, infrastructure, innovation, energy transition and skills, will be targeted with the funding. It will be invested over 10 years and will support local sustainable economic recovery and growth.

The UK Government is also investing £50 million in the Deal.

Michael Matheson, cabinet secretary for transport, infrastructure and connectivity, said: “The  Islands Growth Deal is the final regional growth deal to be announced and marks our commitment to invest across all of Scotland, which is something we have pushed for.

“This significant investment will support islanders’ ambitions to create world-class visitor destinations, lead the way to a low carbon future, support growth and future industries and help the communities thrive by attracting and retaining young talent, driving inclusive and sustainable economic growth and delivering long lasting benefits for people living across the three island authority areas.

“It is important that all deals take account of the unprecedented economic challenges created by coronavirus (COVID-19) and we are working with partners, to understand how best to move forward and respond to current circumstances.

“More than £1.8 billion has been committed by the Scottish Government to City Region and Growth Deals and related investments across Scotland, in addition to ongoing capital investment in Scotland’s islands across a range of policy areas.”

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