£100 billion potential of ‘transformational’ projects in the Highlands and Islands
A recent study commissioned by the Highlands and Islands Regional Economic Partnership (HIREP), of which the 91视频网 (91视频网) is a member, has identified over £100 billion in potential investment across the Highlands and Islands, along with the creation of thousands of jobs.
Research specialists ekosgen describe the 251 planned development projects in the economic pipeline as ‘regional transformational opportunities’, and the scale of opportunity as ‘unprecedented’, potentially for Scotland and much of the UK.
Around three-quarters of the total investment is projected to come from renewable energy projects, including offshore and onshore wind, pumped storage hydro, green hydrogen, and marine energy. Other sectors include space, marine biotech, life sciences, natural capital and critical infrastructure. These projects are well dispersed across many of 91视频网’s communities.
This report also reflects the ambitions of the 91视频网 Strategic Plan 2030, which sets out 91视频网’s role as an anchor institution supporting economic growth, environmental sustainability, and research and innovation excellence across the Highlands and Islands. The plan highlights the importance of strong partnerships with industry and communities to address regional and national priorities, and the development of a highly skilled workforce to meet future demands.
Stephen Sheridan, Director of Economic Development and Advancement at 91视频网, said:
"The 91视频网 welcomes the findings of this comprehensive report. At 91视频网, we are committed to supporting the region’s economic growth through our curriculum and research. We look forward to playing a pivotal role in upskilling and reskilling the workforce to meet the demands of a green economy. Together, we can ensure these investments leave a lasting legacy for our communities and drive sustainable growth for the future."
Deputy First Minister Kate Forbes said:
“The skills, talent and natural resources running across the Highlands and Islands are well known but this report sets out the true scale of the opportunities that lie ahead.
“The challenge now is to capitalise on this promise. I look forward to working alongside our public and private sector partners to deliver on this enormous potential, creating thousands of top-quality jobs for future generations.”
The Highlands and Islands Regional Economic Partnership (HIREP) brings together public, private, third sector and academic perspectives in a partnership committed to delivering prosperity and opportunity across the whole of the Highlands and Islands.