Date lodged: 27 February 2019
To ask the Scottish Government what its response is to the Cities Outlook 2019 report, which states that Dundee has the highest unemployment rate of any city in the UK.
Answered by: Michael Matheson 13 March 2019
I recognise the economic challenges facing Dundee and in particular the effect recent job losses will have on local residents and their families. The Scottish Government is committed to doing everything in its power to help build a more resilient economy in Dundee and across the wider city region.
We have committed up to £150 million to the Tay Cities Region Deal over the next 10-15 years to transform the regional economy by delivering inclusive growth, increasing the region’s productivity and the participation of its workforce. Regional partners estimate that the deal has the potential to secure over 6,000 jobs and lever in over £400 million.
The City Region Deal is just the latest in a series of investments the Scottish Government is making to help drive long term economic growth in Dundee. We are for example investing up to £63.8 million at Dundee Waterfront, including over
£37 million in the V&A Museum. The V&A alone will create over 620 jobs and give an estimated £11.6 million boost each year to the city economy.