Aberdeen’s investment portfolio spans dozens of major projects that will come to fruition between now and 2030, many of which are due for delivery in the immediate future.
Our bold investment programmes will create an energised, connected and revitalised region; one that offers an unparalleled experience for residents and visitors alike.
For starters, key signature development projects will transform the look of the city, from Marischal Square to Union Terrace Gardens, and from shopping centre expansions to a new a landmark reinvention of our Science Centre.
Over £4.5 billion is being invested in transport improvements across Aberdeenshire including the newly opened western peripheral route, major rail improvements north and south, new river crossings and a £20 million airport refurbishment programme. Ever more accessible, we’re closer than you think.
There’s a major £350 million harbour expansion programme too. One of the largest marine infrastructure projects in the UK for many decades, it will provide direct to quayside access for some of the largest cruise liners on the planet.
Our thriving commercial sector has seen over £200 million of recent investment in new, Grade A office space making it the ideal place to establish corporate headquarters or see your start-up grow. Aberdeen’s ex-Capitol Theatre turned office scheme was recently voted the best new development of its kind outside London.
And when it comes to skills, knowledge and research, Aberdeen is enhancing its standing as a city of enterprise and innovation. We are also bringing forward world-class facilities for research, innovation, collaboration and the incubation and commercialisation of our next generation of businesses.
The innovation-led Aberdeen City Region Deal is delivering investment to catalyse growth across the region’s key industry sectors. This partnership between Aberdeen City Council and Aberdeenshire Council, Opportunity North East and the UK and Scottish Governments, is delivering £250 million of government capital funding for sector innovation hubs. Projects within the deal total more than £868 million of investment in the region’s economic future.
The deal includes our Oil and Gas Technology Centre, the Bio Hub for life sciences, the Food Hub for food and drink manufacturing, and digital infrastructure. All of these will reinforce our position as a thriving centre for global science, energy and technology.
A £1.5 million investment is also underway to create the ONE Tech Hub for digital and entrepreneurship activity in Aberdeen city centre.
Our region offers a great environment to live and raise a family, and investments are being made there, too.
Plans are well underway for new schools, healthcare facilities and quality housing including new town developments at Countesswells, Chapelton of Elsick and Blackdog.
And it’s all accompanied by an investment in new digital infrastructure, which will make Aberdeen Scotland’s first gigabit city by 2021 and one of the best-connected cities on the planet, benefitting residents and businesses alike.
It’s already a great place to live, work, study, visit, invest and do business but one which continues to invest heavily in delivering the infrastructure, regeneration and cultural activity to create a truly 21st century environment, right here, right now.