EDINBURGH AND SOUTH EAST SCOTLAND CITY REGION
With a population of 1.3 million people, representing 24% of the total in Scotland, the region contributes over £33 bn of Gross Value Added (GVA) to the Scottish economy. This equates to 30% of the country’s output.
WHY DOES THE CITY REGION NEED A DEAL?
With a population of approximately 1.4 million people and contributing approximately £36 billion per year to the Scottish and UK economies , the city region has a strong and successful economy on which to build. But there remains a number of issues that need to be addressed.
Prosperity and success is not universal across the city region. 22.4% of children are living in poverty ; there is a lack of mid-market and affordable housing; and too many people are unable to move on from low wage/low skill jobs.
The City Region Deal will address these issues; it will accelerate growth, create new economic opportunities, and meaningful new jobs that will help to reduce inequalities.
WHAT's IN THE DEAL?
This ambitious city region deal, identifies new and more collaborative ways that partners will work with UK Government and Scottish Governments to deliver transformational change to the city regional economy.
The Governments will jointly invest £600 million over the next 15 years and regional partners committed to adding in excess of £700 million, overall representing a deal worth £1.3 billionn, across five themes as shown below:
HOW WILL IT BE DELIVERED?
Through the City Region Deal, the Scottish and UK Governments and regional partners embark on a new relationship.
To deliver cross-regional City Region Deal projects effectively in the short-term and to create future regional infrastructure in the long-term, we will enhance existing and develop new collaborations for strategic coordination across transport, housing and economic development.
Our Governance structure is shown below: