Scottish Enterprise chips in with funds for Aberdeen expamsionNews // July 19, 2017
Aberdeen Harbour Board recently welcomed First Minister for Scotland, Nicola Sturgeon, to the port, where it was announced that Scottish Enterprise is to contribute £11.7 million towards the harbour’s £350 million expansion.
With the expansion project now underway, the First Minister was interested to learn more about the progress and key benefits that the expansion will bring to Aberdeen and its economy, including supporting the creation of 2,300 jobs by 2026.
Visiting the harbour, the First Minister said: “Aberdeen Harbour is Scotland’s main oil and gas port and one of Europe’s leading marine support centres for offshore energy. This funding will open up significant opportunities to diversify and exploit the rapid growth in cruise tourism and the renewables markets in Scotland.
“We are already seeing Scottish-based firms seizing decommissioning opportunities, and we are committed to supporting Scottish industry to win further valuable contracts. That’s why we developed a Decommissioning Plan last year, and have since launched the £5 million Decommissioning Challenge Fund.”
The expansion will afford existing customers the opportunity to diversify and expand their interests, whilst attracting new customers and markets to the port, including up-scaled decommissioning activity, a more significant share of the available cruise vessel fleet and larger, more cost-effective commercial vessels.
The facilities, due to be completed in 2020, will include 1,400m of new quay, with a water depth of up to 10.5m. It will also create an additional 125,000 square metres of lay-down area, making it the largest berthage port in Scotland.
Colin Parker, Chief Executive of Aberdeen Harbour Board, explained: “This funding is immensely significant. It further demonstrates recognition of this strategic project as one of national and international importance. The facilities developed will transform the port’s ability to accommodate the trend for larger vessels we are witnessing across a whole range of industries, thereby encouraging commercial diversification and future-proofing the port’s ability to support large scale marine operations.”