Aberdeen and Grampian Chamber of Commerce (AGCC) has issued a call for submissions to its sixth 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.
Developers, investors and other stakeholders are being invited to submit entries for inclusion in the 2022 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 (>250 units) and/or include a substantial contribution to community provisions, either financially or in-kind)
- Either completed during 2022 or if incomplete, able to demonstrate significant intent to progress i.e. under construction, funding committed, planning permission approved and/or partnership agreements signed
Over £12bn of investment
The 2021 edition of the Investment Tracker revealed that investment worth more than £12billion is flowing into the North-east of Scotland over the next decade.
The publication – delivered in partnership with Invest Aberdeen and Opportunity North East (ONE) – also reveals that £3.2billion of projects have been completed in the region since 2017, including £724.1million since the beginning of the pandemic.
2022 will see further completion of the Port of Aberdeen expansion project, complementing the Aberdeen International Airport, Peterhead Port, Fraserburgh Harbour and rail and road infrastructure investments to boost accessibility of the region for trade and business.
Ryan Crighton, Policy Director at AGCC, said: “The last few years have been a time like no other, but the 2021 Investment Tracker showed that new investment in the North-east is beginning to materialise and postponed projects are kicking back into life.
“The sixth 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 multitude of crises which have impacted businesses in recent years.
“Billions of pounds of investment will deliver the infrastructure, regeneration and cultural activity to create a truly 21st century environment in our city region; right here, right now.
"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.”
How to take part
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.
If you have a project that you think should be included, or simply want some further information, email heather.morrell@agcc.co.uk or call 01224 343918 by December 5th, 2022.
Projects will be categorised in the following way:
- City Region Deal – transport
- City Region Deal – innovation and infrastructure
- Investment in our city centre and towns – CCMP
- Transport and infrastructure
- Commercial and residential
- Leisure and culture
- Health, sport and education
- Energy and environment
Previous edition of the Investment Tracker can be viewed here.