Fife’s flagship Industrial Innovation Investment Programme is now taking shape as construction work starts on nine new business units at Queensway Industrial Estate in Glenrothes.
Fife’s ten-year £48.4 million Industrial Innovation Investment Programme will deliver much-needed new industrial buildings, offices and serviced sites in key locations in Mid and South Fife.
The Programme is expected to create 1,000 new skilled permanent jobs and almost 600 short-term construction jobs over a period of 15 years.
The Programme forms part of the Edinburgh and South East Scotland City Region Deal, a partnership of Scottish and UK Governments, local authorities and universities that will transform the regional economy. Through the Edinburgh and South East Scotland City Region Deal, regional partners will secure more than £1.3 billion of investment for the area over the next 15 years.
The programme is already boosting the economy through construction activity.
Scottish Government Infrastructure Secretary Michael Matheson MSP said: “Since 2014, we have committed £1.8 billion to City Deals and associated investment to drive growth that will deliver significant and lasting economic benefits for individuals, businesses and communities across the country.
“These deals benefit Scotland as a whole, creating thousands of jobs and upskilling local labour markets. They truly have the power to build on the area’s significant strengths and expertise, as we are witnessing first-hand in Fife, with the start of this flagship industrial innovation investment programme.”
The City Region Deal is ensuring local jobs for local people. Michael McManus, aged 19, from Glenrothes who is in his first year of a Modern Apprenticeship with Bell Group Kirkcaldy – a branch of the UK’s largest commercial painting and decorating contractor – is set to work on the site.
Michael said: “Through my apprenticeship, I have been able to work on, and improve, my painting and decorating skills. I’m confident in my role and I have learnt new skills. In the future I’ll continue to improve to be the best painter and decorator I can possibly be.”
Cllr Fiona Grant, Convener of the Council’s Glenrothes Area Committee said: “The units are a huge step forward in offering businesses accommodation fit for the future and will help boost economic development across Mid-Fife. The development includes a connection to the district heating plant, a new access road and car parking on land to the north of Flemington Road.”
Cllr Altany Craik, Convener of the Council’s Economy, Tourism, Planning and Transportation Committee, said: “Our focus in Fife is firmly on fairer economic growth, where everyone benefits from good employment opportunities and regional investments. The work starting in Glenrothes is the first visible sign of the many positive changes that the City Region Deal will bring.”