This is a very exciting time for Dundee and Angus and our business community. There has been great investment in the area with the £1.1 billion Dundee Waterfront regeneration, which is now well underway. This project will transform the area into the city’s new bustling hub, featuring restaurants, bars, hotels and the V&A Dundee, the first ever design museum to be built outside of London. The new Dundee Waterfront is set to generate over 700 new jobs for the city and attract over three million visitors.
These developments are a great boost for our already thriving tourism and leisure sector which generates around £55 million for Dundee and Angus every year.
Our key sectors also continue to develop and prosper.
Our prestigious education programmes encourage scholars from all over the world to study in our universities and colleges, giving the area a student population of 40,000 people during term time.
We are home to one of the most significant biomedical and life sciences community in the UK employing 4,100 people and boasting a larger medical research complex than the National Institute for Medical Research in London.
Our Creative Industries continue to see rapid growth with the sector growing by 225% since 2000. Recent research identified that across the Tayside area there are around 350 companies operating in this sector, employing 3,300 people.
Dundee is also the hub of the Scottish digital media sector with an estimated 70% to 80% of employees being based in Dundee.
For more information about our local economy, please view the Angus and Dundee profiles below.