Boost for Clackmannanshire as Heads of Terms are signed on the City Deal

Today local MP, Luke Graham, and his Scottish Conservative colleague, Stephen Kerr MP, signed the Heads of Terms for the Stirling and Clackmannanshire City Region Deal. The Secretary of State for Scotland, Rt Hon. David Mundell MP and Cabinet Secretary for Economy, Jobs and Fair Work Keith Brown MSP were also in attendance.

The UK Government backed deal will see more than £45million worth of investment over a 10-year period in the Stirling and Clackmannanshire area. Part of the investment will include an International Environment Centre, new Tartan Centre, Aquaculture Innovation Hub, and the release of Ministry of Defence (MoD) land at Forthside.

A further £8m has been set aside, for a time limited period of a year, in Clackmannanshire for yet unidentified projects that meet the requirements set out by HM Treasury.

Since becoming Members’ of Parliament in June 2017 Mr Kerr and Mr Graham have campaigned tirelessly throughout the year to help get this deal to completion, working with the UK Government, local authorities and businesses to identify projects in the region that would benefit from the funding. 

Commenting, the Member of Parliament for Ochil and South Perthshire, Luke Graham said:

“This is a huge funding commitment from the UK Government to the area and shows what can be achieved when the different levels of government work together.

“Since coming to office a year ago, I have sought out projects in Clackmannanshire and I am delighted that the International Environment Centre will be part of that. It is a forward-looking initiative that will create jobs while putting the environment at the heart of the local economy. 

I was also pleased to see the DWP adding £200k to the City Deal with a new scheme designed to support lower income families & working parents.

“I am looking forward to working with stakeholders and organisations in the coming months to identify further projects to secure a further £8 milllion investment for Clackmannanshire.”