David Mundell joined with representatives from the Scottish government, leaders from four local councils along with business and academic chiefs at Perth & Kinross Council HQ to sign the Tay Cities Deal.
This deal brings together public, private and voluntary organisations in Angus, Dundee, Fife and Perth & Kinross to deliver a smarter and fairer region.
Funding from the UK Government will be used for a range of projects across the region including; rural broadband, boosting tourism, cyber security, energy and much more.
Announcing the deal Secretary of State for Scotland, David Mundell, said:
“The UK Government’s Tay Cities Deal investment will deliver a transformational boost to the region’s economy. The impact of the £150m funding package will be felt across Dundee, Fife, Angus and Perth and Kinross. I want to thank the local partners for their efforts so far.
“But this is only the start. The real work starts now to deliver these exciting projects - so it’s vital the partners and Scotland’s two governments work together to realise the deal’s amazing potential.
“In all, the UK Government has committed more than £1.1 billion to City Region Deals right across Scotland and we are already seeing the fruits of that investment.”
Notes to editors:
For further information contact the press office of the Office of the Secretary of State for Scotland on 01312449028.
Find further information in the Heads of Terms Agreement.