Creating Investment Ready Cities CEE Summit, Warsaw Dr Stuart Black stuart.black@highland.gov.uk

Scottish Cities Alliance

Scottish Cities Alliance Partnership 7 cities and Scottish Government 53% of population (2.86m) 61% of jobs (1.51m) 67% GVA (£82.8bn) 57% share of exports

Attracting Investment : Infrastructure “One Scotland” approach Scottish Cities Alliance Investment Pitch Book £7.5bn One of the major objective’s of the Alliance is to help attract the international investment into infrastructure in cities that enable them to remain globally competitive. By working collaboratively, Scotland’s seven cities through the Alliance, have identified a range of large scale high value propositions in residential property, hotel, leisure and office development which are of interest to international investors. In order to provide an international platform for these developments, the Scottish Cities Alliance has created a new investment Pitch Book, which was launched at MIPIM Cannes last month. This showcases over £7.5 billion of these exciting investor ready opportunities across Scotland’s cities, and there is ongoing dialogue with a number of investors on a number of these opportunities and this can be found on our website. Looking to the future, the Alliance is looking at new propositions around private rented sector housing and assisted living to add to the cities offering – both of which have significant market interest as well as opportunities for integrating low carbon and smart activity to create added value for investors and Scottish businesses.

Reasons for Investing in Scotland Property Strength of legal system Transparent planning system Secure lease structure Cost and availability of real estate Wider economic factors Availability of skilled labour Transport infrastructure Availability of business partners and suppliers Telecoms and technology infrastructure

Aberdeen City Centre ePark

V&A Museum

Edinburgh BioQuarter International Business Gateway

Glasgow Magenta at Clyde Gateway International Financial Services District

Inverness Campus Airport Business Park

Perth Broxden Development Food & Drink Park

Stirling City Centre Kildean Business Park

Smart Cities Scotland Unique inter-city approach Projects include energy management, smart- mobility, smart-waste and data clusters ERDF funding of £10m Total programme value £24m Scotland-wide identity enables Scotland’s cities to access opportunities of scale for investment; Dynamic market place for smart city projects and solutions in Scotland; Promoting Scotland’s cities unique inter-city approach to developing Smart City solutions; and Encourage and catalyse investment to build Scottish smart cities that can support increased business productivity.

Innovation Hubs Aberdeen – ABVenture Zone, Elevator UK, OGIC, The Data Lab Dundee – Dundee Maker Space, Fleet Collective, Seabrase Zone, Vision Building Edinburgh - Codebase, Creative Exchange, BioQuarter, Techcube, The Data Lab Glasgow – Tontine House, Glasgow University Imaging Centre of Excellence, MediCity, IBioIC, Strathclyde Technology and Innovation Centre, CENSIS, SMS-IC, The Data Lab Inverness – An Lóchran House, Aurora House, Centre for Health Science Perth – Creative Exchange Perth Stirling – Digital District, Scottish Aquaculture Innovation Centre

EY Attractiveness Survey 2017 Record number of 122 projects in Scotland 2016 UK’s 2nd most attractive destination outside London Scotland 2016 UK leader for attracting R&D projects U.S. is the primary source of investment in Scotland £1.2bn overseas investment in Scottish property in 2016* *Source: Scottish Business Insider 2016 exceeded the previous 10 year high set in 2015 – from 119 in 2015 to 122 in 2016 US primary source of investment in Scotland - representing 43 projects in 2016.

LinkedIn: www.linkedin.com/in/scottishcities Web: www.scottishcities.org LinkedIn: www.linkedin.com/in/scottishcities  E-mail : info@scottishcities.org.uk  Tel: +44 (0) 141 222 9737 Twitter: @scottishcities 16