The £250million Aberdeen City Region Deal (CRD) was signed in November 2016 and paves the way for investment in innovation, internationalisation, digital connectivity and infrastructure across the region over a 10-year period.
The Deal supports the shared vision of Economic Renaissance for the region, which involves a rebalancing of the economy through maximising the remaining North Sea oil and gas opportunity; anchoring the oil and gas supply chain in the region for the long term; and achieving growth in the region’s other key industry sectors, including food, drink and agriculture; life sciences; and tourism.
The Aberdeen City Region Deal supports The Oil & Gas Technology Centre, a digital infrastructure fund and the expansion of Aberdeen Harbour. A Bio-Therapeutic Hub for Innovation, Agri-Food and Nutrition Hub for Innovation and a Strategic Transport Appraisal are also part of the programme.
Click here to find out more about the Deal and its’ key projects.