More than £1.8 billion of planned investment will form the basis of the Tay Cities Deal which could create up to 15,000 jobs for the region.
Over 50 project proposals are included in the bid proposal which was submitted to the Scottish and UK Governments at the beginning of March.
Set out as a series of “asks” and “offers” across 100 pages, the Tay Cities Deal submission lists opportunities and challenges for the Angus, Dundee, Fife and Perth & Kinross economy over the next 20 years and details how investment will help the region become fairer and smarter through inclusive growth.
The total cost of the proposed investment is £1.84 billion of which £826 million (45%) over 10 years is being sought from the Scottish and UK governments and their agencies.
If every project and programme set out in the submission is funded and delivered, as many as 15,000 job opportunities could be created across tourism, food and drink, creative industries, eco innovation, digital, decommissioning, engineering, biomedical and health and care.
The document emphasises that: “The Cities Deal is as much about offering to work differently together and with both governments as it is about seeking additional cash resource.”
Provided that new or additional powers are devolved to the four local authorities they say they could take on additional responsibilities more efficiently and at the right scale. For example the councils confirm they will work with each other and with partners across the region to strongly focus on actively managing the performance of the whole employability and skills service.
They also want to work with employers to develop career pathways for existing employees, with the focus on opportunities created by job turnover and through that to make the region fairer.
At the launch of the Tay Cities Deal Cllr Ian Miller Perth & Kinross Council leader commented: “Our submission also has an unprecedented focus on cultural regeneration, supporting Perth’s bid to be UK City of Culture 2021 and Dundee’s bid for European Capital of Culture 2023.
“In addition we want to create opportunities for people in work to progress as well as easing restrictions on access for new entrants to the jobs market to support our ambition of smarter, fairer growth through collaboration.”
Among the Perth and Kinross project proposals are:
Cultural transformation projects: transforming Pitlochry Festival Theatre into a centre of performance excellence; a £30 million capital investment in Perth Museum and Art Gallery and a new cultural attraction at City Hall; and the Perth 2021 UK City of Culture Bid
A regional logistics, fulfilment and business innovation park in Perth
The Cross Tay Link Road which will unlock development land in and around Perth and enable the planned and sustainable growth of the city
A Low Carbon Travel and Transport Hub
A Centre for Food and Drink Knowledge and Innovation
Creative Exchange Perth – a hub for business innovation and the creative industries
Businesses and organisations across the region are being asked to pledge their support to the Tay Cities Deal and can sign up at www.taycities.co.uk