ABERDEEN and Grampian Chamber of Commerce (AGCC) has issued a call for submissions to its fifth Investment Tracker, the high profile directory highlighting the scale of public and private sector investment planned for the North-East.
Focusing on capital projects spanning transport & infrastructure, office & retail, and leisure & culture, as well as health, sport & education, the Tracker seeks to provide a snapshot of the region’s investment pipeline to 2030 and beyond.
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Developers, investors and other stakeholders are being invited to submit entries for inclusion in the 2021 Tracker, which is due to be published later this year. Applicable projects are those which have received planning permission or have funding committed.
All projects must be:
- Either situated within the AB postcode (either in whole or part)
- Valued over £500K
- Located (at least in part) either onshore, or at shore
- Non-residential (large-scale developments may be considered if of significant scale (>450 units) and/or include a substantial contribution to community provisions, either financially or in-kind)
- Either completed after October 31, 2019 or if incomplete, able to demonstrate significant intent to progress i.e. under construction, funding committed, planning permission approved and/or partnership agreements signed
Shane Taylor, policy manager at the Chamber, said: “The last 18 months have been a time like no other with many businesses and livelihoods pushed towards the brink of collapse. However, green shoots of recovery are emerging and many companies are starting to report upturns in trade. Alongside this fledgling recovery, new investment in the North-east is beginning to materialise and postponed projects are kicking back into life.
“The fifth edition of our Investment Tracker will shine a spotlight on the projects that will revitalise our region and kickstart growth as we rebuild from the impact of COVID-19. We’d encourage any developers or project owners to get in touch and help us showcase the developments that will define the North-east’s economic renaissance.”
The 2021 Tracker will be delivered in partnership with Invest Aberdeen and Opportunity North East (ONE). Jennifer Craw, chief executive of ONE, said: “Transformational projects led and funded by ONE in the region’s key sectors are essential to economic recovery, with public and private sector investment focused on creating new high-value jobs, increasing productivity and supporting health and wellbeing and a just transition. Projects currently in delivery – including BioHub and SeedPod – and in development, such as North East Adventure Tourism and Seafood Transformation, will bring new opportunities across the region.
“North-east Scotland has a record as one of the most investable, productive and entrepreneurial economies in the UK, with high levels of business start-up, research and development, and exports. The private sector continues to adapt and evolve with the focus on low-carbon and sustainability, as each industry and company develops its route map to net zero, and digital transformation is embedded in business. Investment in this region will deliver a national impact.”
Participants should send the name of their project and the company involved, with a 30-word or less description of the investment and the value involved, plus an indication of the stage the project is at/expected completion date.
