Date Time
Islands Growth Deal worth £335 million signed
Today [17 March 2021], UK Government Minister for Scotland Iain Stewart joined the Scottish Government’s Cabinet Secretary for Transport, Infrastructure and Connectivity, Michael Matheson, and leaders of Comhairle nan Eilean Siar, Orkney Islands Council, and Shetland Islands Council to sign the Heads of Terms for the Islands Growth Deal.
The agreement outlines plans for the UK and Scottish governments to each invest £50 million in the future economic prosperity of Orkney, Shetland and the Outer Hebrides. This is anticipated to unlock a further £235 million of investment from project partners, delivering a combined £335 million boost for the islands.