Chancellor gets update on Waterfront developments on Dundee visit
Philip Hammond MP heard about the ÂŁ1billion regeneration project and got a glimpse of V&A Dundee.
Last updated 25th Sep 2017
The Chancellor of the Exchequer praised the regeneration of Dundee during a visit to the city.
Philip Hammond MP met with business leaders from the city to hear about the ÂŁ1 billion Waterfront project, which is creating jobs and boosting investment confidence.
He also heard about plans for V&A Dundee’s galleries and exhibitions, which will bring the V&A’s exhibitions and collections to Scotland in an unprecedented way, as well as showcasing the largely untold story of Scotland’s outstanding design achievements.
After his visit to Dundee, the Chancellor travelled to Aberdeen to announce a ÂŁ5 million UK Government fund for 2018/19 to support new oil and gas exploration in the North Sea.
The Chancellor of the Exchequer, Philip Hammond MP, said: “I’ve seen today how Dundee has benefited from our life sciences and creative sector funding.
“I now look forward to progress being made on the Tay Cities Deal, which will follow the £1 billion already committed by the UK to Scotland’s City Deals so far.
“This government will continue using the UK’s broad shoulders to provide Scotland with the skills and support it needs to thrive in the future.”
The Chancellor also met with V&A Dundee Director Philip Long.
The UK Government has contributed ÂŁ5 million towards the construction of V&A Dundee, alongside other key supporters including the Scottish Government, Heritage Lottery Fund, Dundee City Council, Creative Scotland, Scottish Enterprise, the University of Dundee, Abertay University and many trusts and private donors.
Philip Long, Director of V&A Dundee, said: “V&A Dundee is a key part of the cultural and economic future of this great city. Our new museum will celebrate creativity and make new opportunities, helping to create jobs and put Dundee on the map internationally as an exciting tourism destination.
“Through our outreach and education programmes we are also working with businesses across Scotland to boost their creativity and innovation, as well as inspiring Scotland’s young people to become entrepreneurial designers ready to solve future challenges.
“We are very grateful to the UK Government and all of our supporters who are helping to make V&A Dundee a reality, bringing major exhibitions and collections to Scotland, boosting tourism and creating new jobs.”
Opening in 2018, V&A Museum of Design Dundee will be the only V&A museum anywhere in the world outside Londo