£20.5 million to be invested in Cairngorm resort
£16 million will go towards reinstating the funicular
Last updated 9th Oct 2020
Cairngorm resort is to receive more than £20 million, the majority of which going towards repairing Scotland's only funicular railway.
Funded by the Scottish Government and Highlands and Islands Enterprise (HIE), more than £16 million of the investment will be used to support reinstatement of the funicular, which has been shut since 2018.
Initial work to strengthen the 2km structure, is expected to start later this month.
A further £4.35 million has been approved for potential additional capital requirements including building improvements, electrification of snow cannons, existing tow infrastructure, paths and car parking.
Rural Economy Secretary Fergus Ewing said: “We want to unlock the full potential of Cairngorm to make it a destination people can enjoy all year-round, and this significant investment couldn’t come at a better time.
“We know our tourism and hospitality sectors have been among the hardest hit by the pandemic and in Badenoch and Strathspey a quarter of the workforce is in the accommodation and food services sectors - more than double the proportion for the Highlands and Islands as a whole. By investing in the mountain, we can generate significant economic benefits for the local area and our tourism sector.
“The business case for reinstating the funicular, which HIE has published today, made clear that repair and reinstatement was the preferred option. Removal was estimated to cost approximately £17 million and would limit options around seasonal diversification on the mountain.
“The funicular will not only transport thousands of annual visitors up Cairngorm again next winter, it will also bring access to the mountain environment to a broad range of visitors, including children, older people and people with disabilities.”
Charlotte Wright, chief executive of Highlands and Islands Enterprise, said:
“Cairngorm is more than a mountain. It’s at the heart of the community and a key driver of the local economy, providing high quality jobs and supporting the wider tourism sector in Strathspey and Badenoch.
“Today’s announcement signals the importance of the Cairngorm Estate as a national asset for Scotland, with its potential as a mountain resort alongside its unique natural habitats. This investment will ensure it is ready to welcome thousands of visitors in all seasons of the year.
“With the funicular now set to be reinstated, and a range of other priority investments planned, we can continue to work with local stakeholders to ensure the surrounding business and communities can really begin to unlock Cairngorm’s potential and secure its future for decades to come.”
Balfour Beatty has been appointed as the contractor for the project. The company’s national framework manager, Alastair Somerville, said:
“We are pleased to be working on the Cairngorm funicular infrastructure project and look forward to continuing our close collaboration with Highlands and Islands Enterprise.”