The proposed Growth Deal would consolidate various Council-led strategic initiatives and partnerships into a single framework, potentially unlocking an estimated £10 to £16 billion of public and private investment over the next 25 years. Key areas targeted for investment include renewable energy, electricity transmission, ports, housing, transport, digital connectivity, workforce development, and the Inverness and Cromarty Firth Green Freeport, with the aim of reshaping the Highland economy.
The initiative seeks to ensure this investment delivers a lasting legacy by strengthening communities, fostering sustainable economic growth, improving infrastructure, and retaining greater economic value within the Highlands. Cllr Raymond Bremner, Leader of The Highland Council, highlighted the potential for transformational growth through collaboration between public and private sectors, emphasising the region's unique opportunity to contribute significantly to Scotland's and the UK's industrial strategies.
Cllr Michael Green, Joint Leader of the Highland Independent Group, stressed the importance of economic investment benefits being felt directly in communities through housing, infrastructure, and employment. He added that a co-ordinated, long-term plan would maximise the impact of additional investment, driving sustainable growth and a lasting legacy.
An initial investment framework identifies priority areas for future economic development, including enabling infrastructure and connectivity, housing and community sustainment, energy transition, skills and workforce development, business growth, community wealth, climate resilience, and culture. The proposed deal builds on existing initiatives such as Invest Highland, the Highland Investment Plan, the Highland Social Value Charter, and the Highland Housing Challenge.
“"This is a critical time for the Highlands, with both the Scottish and UK Governments considering future spending priorities, economic growth and infrastructure investment, alongside ongoing discussions on public sector reform. The Highlands has a unique opportunity to make a nationally significant contribution to Scotland's Green Industrial Strategy and the UK's Modern Industrial Strategy. Combined with our strong track record of delivery, ambitious plans for the future and established partnerships across the public and private sectors, this creates a compelling case for investment that will unlock growth, support our communities and deliver lasting benefits across the Highlands for generations to come."
Council officers will now commence formal discussions with both governments to develop an initial strategic proposition, investment framework, and programme of priority activities. This proposed Growth Deal aims to build upon the success of the existing Inverness and Highland City-Region Deal.
