Clydebank economy set to benefit from £100 million economic stimulus

Queens Quay has seen development in recent years. Pictured is the Titan Crane and West College Scotland.CLYDEBANK'S economy could be set to benefit from new infrastructure funding, the town's MSP has said. 

Gil Paterson MSP welcomed the £100 million funding package from the Scottish Government announced. 

It will include a £5 million cash injection to the Golden Jubilee Hospital in Clydebank.

On Wednesday, August 10, First Minister Nicola Sturgeon said the additional funding to speed up the delivery of health and other infrastructure projects. 

Mr Paterson also welcomed the establishment of a new service to provide information and support to businesses affected by the EU referendum. 

He told the Post: "I'm delighted the Golden Jubilee Hospital is set to receive £5 million from the stimulus package. I will be looking to find out what else Clydebank could get as a result of this extra funding, as the town has some major infrastructure and health projects underway. 
 
"In the wake of the Brexit vote, our economy hangs in the balance and we have seen the 'strong' British pound plummet to an all-time low.  

"We must do all we can with our limited powers in Scotland to take our economy out of harm's way. Measures like this new fund do just that." 

Projects will be assessed for accelerated funding against a range of criteria including how quickly work can start, the number of jobs that will be supported or created, the likely impact on the supply chain and geographic spread.