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Home | News | Huge opportunities to help boost jobs market: Eskdale will benefit from a £15m investment in Chapelcross
 
News | 3rd October 2019
 

Huge opportunities to help boost jobs market: Eskdale will benefit from a £15m investment in Chapelcross

 
 
 

A £15.3M investment in the site of the former Chapelcross nuclear power station will have far-reaching effects on economic regeneration, including in Eskdale.
Investment by the private sector in energy, research and development and a business park will bring employment opportunities to jobseekers in Eskdale.
Councillor Archie Dryburgh, Annandale East and Eskdale, said it was 10-year project which would begin with investment in infrastructure, including the M74 and A75 and result in investors being attracted to the site.
He could not envisage the roads leading from Eskdale benefiting in the early stages but as the number of businesses grew, other roads in the area would need to be looked at.
He said: “It’s a long-term project and it’s very early days. We need to make sure the infrastructure is sorted but there will be opportunities for the whole area.”
Of the £15.3m, the Borderlands Inclusive Growth Deal, a collaboration between the five cross-border local authorities, has allocated £7.5m of its business infrastructure budget to the Chapelcross budget.
Significant
The UK government has allocated the remaining £7.8m.
At a meeting of Dumfries and Galloway Council members were given an update on the Chapelcross site activities over the past 12 months.
The development of the site has the potential to create a significant number of new, high-value jobs, contributing to economic growth and addressing climate change.
The headline objectives of the programme include creating a large-scale strategic mixed-use employment site for Borderlands with significant wider economic impact.
There will be support to develop green energy production, storage and distribution solutions as a duplicatable contribution to the UK’s 2050 net zero carbon target.
It will maintain 100 per cent beneficial use of the site over the full decommissioning period to 2095, in line with the Energy Act 2004 and beyond.
Councillor Elaine Murray, council leader, said: “These overarching Borderlands projects and the ongoing Chapelcross development will give a huge boost to the economy.
“The £15.3m from the Borderlands deal allocated to Chapelcross added to, among other schemes, the anticipated £16m for the redevelopment of Stranraer Marina, means the opportunities will stretch across the whole of our region.”

 
 
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