Detailed breakdown of where the millions are to be invested

From employment to digital connectivity, the funding will be spread across a spectrum of industries

Employability and Skills

● £20 million towards the Tay Cities Skills and Employability Development Programme to deliver fair work.

● £8.1 million investment from the UK Government in the Aviation Academy for Scotland to provide specialist training and skills in the aviation industry.

An Innovative, International Tay

● New job opportunities for the people of Dundee, Fife, Perth and Angus through research and innovation.

Growing the Tay Biomedical Cluster

● £25 million from the Scottish Government to build on the international reputation of drug discovery research capability, and minimally invasive surgical techniques and technologies.

● A skills development and training package within the Tay Cities Skills Development Programme to develop technical training facilities and life sciences workforce development at Dundee and Angus College to increase the supply of skilled laboratory staff.

Securing our Food Production and Development Capability

● £20 million from the UK Government to the International Barley Hub at the Invergowrie-based James Hutton Institute, which would become the focal point for barley development in Scotland, the UK and the world.

● £25 million from the UK Government to develop the institute’s Advanced Plant Growth Centre

● £17 million invested by the Scottish Government for both projects.

Strengthening Cyber Resilience and Developing Digital Forensics

● £6 million from the Scottish Government and £5.7 million from the UK Government for the development of the Cyber Security Centre of Excellence. The project will capitalise on the existing expertise of Abertay University in ethical hacking.

● £15 million from the UK Government to establish the country’s first Forensic Science Research Centre.

Developing a World Class Tourism Offer

● The Scottish Government will invest £37 million, subject to approval of a programme business case, to support a regional culture and tourism investment project. This aims to build on current tourism offerings at St Andrews, Gleneagles and V&A Dundee.

The programme may provide £10 million to the Pitlochry Festival Theatre (subject to approval of robust business cases/successful securing of match-funding).

● UK Government will invest up to £10 million for the Perth City Transformation project, which aims to revamp its cultural offerings and create a “brand” for Perth as a cultural city.

Advanced and Sustainable Manufacturing

● £10 million of investment from the Scottish Government in high value manufacturing. This includes £2 million to establish the Tay Cities Engineering Partnership, the first regional engineering and advanced manufacturing network in Scotland.

Capitalising on Design

● £3 million of Scottish Government investment into Studio Dundee, an entrepreneurial hub on Dundee’s waterfront. Aims to become a “flexible and adaptable co-working space” alongside a tech lab which will attract entrepreneurial talent to the city.

Preparing for a Low Carbon Future

● Investment in the Eden Campus of St Andrews University (Guardbridge) will include: up to £7 million to develop a primary substation power upgrade at the site, up to £13.5 million for the Scottish Centre for Clean Energy Storage and Conversion and up to £4 million for the Eden Enterprise Hub.

● Subject to “robust business case”, the Scottish Government will invest up to £2 million (alongside Fife Council) in Eden Enterprise to establish a commercially viable business incubator to cater for spin-out and start-up companies from universities.

● Up to £5.2 million of UK Government investment (subject to robust business case) to support development of twophase project to build the world’s first advanced plastic reprocessing facility in the Tay Cities Region. Phase one: development of world’s first demonstration Advanced Plastic Reprocessing Facility. Phase 2: development of next generation advanced plastic sorting facility to recycle 90%-plus of all household plastics.

Building a World Class Renewable Energy and De commissioning Industry

● Scottish Government commits to maximising the “significant potential economic benefits of offshore decommissioning to the Tay Cities region”.

It will work with Dundeecom and the regional economic development partners to maximise opportunities/ build supply chain capabilities and new technologies in the context of the wider Scottish and UK industry. “Medium to longer term” – the Scottish and UK governments are considering how best to support additional port infrastructure investment in Dundee, Methil and Montrose.

Infrastructure

● £26.5 million (capital – UK Government investment) in projects in Angus to be developed collaboratively with Angus Council and other local partners as part of the deal.

Land at Condor to be released for development, working with Angus Council to align the site with their development plans.

The UK Government will contribute the net value of the land transferred to the deal, having taken account of any necessary decontamination and reflected today in the Heads of Terms as £3 million new funding from the UK Government.

● £5 million investment from UK Government in on-site infrastructure to the Regional Logistics, Fulfilment and Business Innovation Park to the west of Perth.

A Connected Tay

● Commitment to improving digital and transport connectivity across the region.

● Scottish Government to invest £2 million to support 5G testbeds and trials in the Tay region, helping to put it at the forefront of 5G deployment.

● £1 million from the UK Government for connectivity in rural Angus – for an “effective solution to reaching remote and rural properties via high quality wireless solutions”.

● £1 million from UK Government for rural Perth and Kinross – to deliver a fibre asset reuse model “through which public and private fibre infrastructure will be aggregated to create a common platform”.

Transport

● A Tay Cities Regional Transport Model in conjunction with Transport Scotland and TACTRAN.

● £3.5 million from the Scottish Government in a low carbon and active travel transport hub.

● £15 million from the Scottish Government in a Perth bus and rail interchange project.

● £9.5 million investment from the Scottish Government in and around Dundee Airport.

An Empowered Tay – A New Regional Partnership

● A “new approach to economic development, strategic planning and transport planning underpinned by a new approach to city regional governance”.

Picture: Angus Findlay. Deputy First Minister John Swinney, right, and Colin Campbell, director of the James Hutton Institute, in a test field of barley. The institute is to receive £20 million for its International Barley Hub.