The UK Government has taken the latest step toward 'levelling up' for every part of Scotland by pledging £40 million for the Falkirk Growth Deal - this will boost investment, create new jobs and drive forward economic growth across the area.
The deal will see funding directed towards potential projects to boost the local economy by creating skilled jobs and investing in infrastructure improvements to support sustainable travel, tourism and energy.
It will also help support the region's strong chemical manufacturing industry at Grangemouth, securing local jobs and driving forward innovation as we move to a low carbon economy.
The Falkirk growth deal is the 11th UK deal in Scotland. To date, the deals have set out support for numerous sectors across Scotland, including:
- north-east Scotland looking to become a global centre