Over 10 Billion pounds worth of investment expected in North-east over next 10 years

Committed investment in the region has risen by 1.7 billion over the past 12 months according to Aberdeen & Grampian Chamber of Commerce.

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Author: Lewis MichiePublished 8th Oct 2019

Projects such as the new Peterhead community campus, Aberdeen South harbour and Kincardine offshore wind farm are included in long pipeline.

This information comes with the launch of the fourth investment tracker this afternoon.

Much of the investment scheduled for the next three years include projects in the transport & infrastructure, leisure & culture and health sport & education areas.

Chamber of commerce chief executive Robert Borthwick said:

" The tracker tells a story of great progress for our regional economy with 2.5bn of infrastructure projects delivered since 2017 and more to come."

"The pace of change is breathtaking and a lot has happened in the last year with the highlight being the full opening of Europe's largest new road scheme, the Aberdeen Western Peripheral route."

"Looking to the future, we are seeing investment in new schools, healthcare facilities and quality housing, including a number of new developments."