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24/04/2014

Scottish Enterprise to inject £8.3m to waterfront project

Words: Helen Bird
Dundee waterfront

Dundee's waterfront project will receive £8.3m in funding from Scottish Enterprise, it has been announced.

The investment will pave the way for the new V&A museum.
 
The funding will be put towards redeveloping the area around the site of the £45m site of design, which is scheduled to open in 2017.
 
The waterfront at Dundee is in the midst of a £1bn, 30-year redevelopment project, which aims to reconnect the city with the River Tay.
 
 
 
As part of the design, the new V&A museum will appear to float in two pools of water, according to plans.
 
Scottish Enterprise's £8.3m investment will help create a promenade area around the site, close to the new £14m railway station, which is also under development.
 
Finance secretary John Swinney said the investment was a "once in a generation" opportunity for the city to reinvent itself.
 
He said that people arriving at the new train station would walk into an "astonishing experience".
 
City council leader Ken Guild added that the support from the Scottish government would be a worthy investment.
 
He said the redevelopment around the V&A would "add an extra dimension" and "make it more attractive for local people, visitors and investors".
 

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