Fife Council has welcomed the chancellor’s announcement of a new City Region Deal for Edinburgh and South East Scotland, following today’s (Wednesday, 16 March) Budget broadcast.
Council leader David Ross said: “This is fantastic news for Fife and its partner authorities across Edinburgh and the South East of Scotland.
“This commitment from Westminster is a huge step forward for our proposals to tackle inequality and accelerate substantial economic growth across the region.
“This is something we have been working towards for nearly two years now, and I’d like to pay tribute to the hard work of those involved from the local authorities and all the public and private sector organisations that have supported us to get to this important stage.
“Through a shared vision the local authorities involved are set to create new ways of doing things.
“This will give the Edinburgh and South East Scotland City Region greater autonomy and decision making powers, as well as increase opportunities for learning and development and investment in infrastructure.
“Fife has forged a successful reputation in renewable energy technology and manufacturing.
“The Kingdom also has a thriving tourism industry and agriculture, fishing and drinks industries are big business for the local economy.
“Fife is also the home of the internationally renowned St Andrews University, an ancient but industry-relevant and forward thinking institution. The idea is to build on the many strengths of the city region, while also tackling inequality.
“The City Deal is one of the most exciting projects that Fife Council is involved in, because it could be the biggest ever investment in economic infrastructure in the Edinburgh city region area – and Fife has a massive amount of potential investment riding on that.
“We submitted our proposals in September 2015 and remain as determined as ever to negotiate greater fiscal powers for our region and funding towards strategic housing, transport and infrastructure to help the region to become the most connected, creative, inclusive and innovative place in Europe.”