How Much Investment?

The Scottish Government has approved £62 million to Clyde Gateway between 2008 and 2011. The other partners have provided land holdings and staff resources to the project, meaning over £100 million of public money has been committed in the short-term.

These resources will be used in a variety of innovative ways to support social, economic and physical change in the communities. For instance, we will be investing in new and specific training schemes and funding apprenticeships in traditional and modern trades for residents of all ages. We will also be removing old electricity pylons, and stabilising poor ground conditions to allow new buildings, including new houses and new sports facilities, to be constructed.

Clyde Gateway is one of the most ambitious regeneration projects in Europe, and the public investment that has been secured will pave the way for a further £1.5 billion in private development over the next two decades.

What else is happening?

There are other projects that have been approved that will bring substantial investments and benefits to the Clyde Gateway area.

1) M74 Extension

The five-mile extension of the M74 from Cambuslang to Tradeston in Glasgow is of huge significance to Clyde Gateway. A contract to construct the road, at a cost of £445million, was approved in February 2008. Construction is scheduled to take place between May 2008 until mid-2011.

The M74 project is a partnership project between Transport Scotland, Glasgow City Council, South Lanarkshire and Renfrewshire Council.

More details can be found here

2) East End Regeneration Route (EERR)

This will be a new road, at a cost of between £52 and £69million, that will provide a route from the extended M74 through the East End of Glasgow to the M8/M80 junction at Provan Road. The road is being built and funded by Glasgow City Council.

More details can be found here

3) Commonwealth Games 2014

Glasgow has won the right to host the 2014 Commonwealth Games.

All of the city, the surrounding region and across Scotland stands to benefit from the Games - but none more so than the Clyde Gateway communities.

A new National Indoor Sports Arena and Cycling Velodrome are to be constructed in the Dalmarnock/Parkhead areas. The cost of this project has been estimated at £120 million

Dalmarnock has also been selected as the site for the Athletes Village. Over 1000 new homes will be built on the village site, and once the Games are over, they will be made available for private sale and social housing. The cost of the Athletes Village has been estimated at £245 million.

Read more about the 2014 Commonwealth Games here