Fife Council is part of two City Deal programmes – one to the South of Scotland and one to the North of Scotland.
Some regional partners include local authorities, universities and national agencies like Scottish Enterprise and Skills Development Scotland. Additionally, private and third sectors are also involved in delivering City Region Deal projects and programmes.
The Scottish and UK Governments have committed to investing £600 million in the Edinburgh and South East Scotland City Region Deal. This, alongside partner contributions and private sector investment, creates a package of investment in the City Region worth £1.3 billion.
Tay Cities Region Deal investment has the potential to secure over 6,000 jobs and lever in over £400 million in investment over the next 10-15 years, decisively reducing the economic inequality gap as part of the drive to boost productivity.
The Edinburgh and South-East Scotland City Region Deal comprises six local authority areas – The City of Edinburgh, East Lothian, Fife (excluding North East Fife), Midlothian, Scottish Borders and West Lothian Councils.
This City Region Deals will deliver inclusive growth across the region through housing, innovation, transport, skills and culture. The investment will contribute towards 41,000 new homes, 21,000 jobs, and improving the skills of an estimated 14,700 people. The Government Funding allocations to each of the City Region Deal’s themes is demonstrated below.
The Tay Cities Deal region comprises Angus, Dundee City, Perth & Kinross and the North East area of Fife. Together with regional partners’ contributions, this deal has the potential to secure more than 6,000 jobs and attract £400 million investment over the next 10 – 15 years, decisively reducing the economic inequality gap as part of the drive to boost productivity.
The critical project in Fife is the Eden Campus of St Andrews University at Guardbridge. With the City region investment, this will see some 75% of the 32.5-acre site host a mix of new science and technology-based industry and commercial activity underpinned by skills training services and mentoring programmes, access to the high-speed network for research, and reliable research upgraded power and renewable heating.
Fife’s flagship Industrial Innovation Investment programme (i3) is part of the Edinburgh and South East Scotland City Region Deal. It is a ten-year £9.4m Investment Programme that will deliver much-needed new buildings and serviced sites in key locations in Mid and South Fife. It will support the creation of 1,000 new skilled permanent jobs and almost 600 short-term construction jobs over the 15-year lifetime of the City Region Deal.
It will facilitate more joint working between the region’s universities and Fife businesses, drive productivity and deliver higher-value, skilled, and permanent jobs from data-driven innovation. It is agreed that four sites will be developed in Glenrothes, Kirkcaldy, Lochgelly and Dunfermline during the first three years of the Programme.
This investment is now taking shape as construction work nears nine new business units at Queensway Industrial Estate in Glenrothes.
“Queensway is one of Central Fife’s best-located employment locations, and I’m sure that these new properties will prove popular with businesses. Glenrothes is continually evolving and adapting to industry demands, and this is just one of the many projects underway as part of for the wider regeneration of the Queensway Technology and Business Park, and the town centre area.”
– Cllr Fiona Grant, Convener, Glenrothes Area Committee