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UK government invests £3.5 million in Ayrshire
The Secretary of State for Scotland has announced UK government funding in a regeneration programme in Kilmarnock.
The HALO project, in the former Diageo bottling plant, will strengthen Ayrshire’s economic prospects, create hundreds of new jobs and benefit local businesses and residents.
The new hub will foster the next generation of entrepreneurs with a strong focus on innovation, digital skills, and cyber security.
The wider project will see the first commercial deep geothermal heat pump installed in the UK in nearly thirty years, providing green energy at below-market prices, and will create new office space and retail areas which will attract dynamic businesses into Kilmarnock, as well as affordable homes.
The fund is part of UK government’s commitment itself to help support the Scottish economy and deliver for people in Scotland.
David Mundell, Scottish Secretary, said: “This £3.5 million investment, part of the UK Government’s industrial strategy, will help create an innovation hub at the heart of this ambitious regeneration project. The scheme has huge potential to transform the Ayrshire economy, drive businesses innovation and attract new talent to the region.”
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