§ 17. Mr. Wilsonasked the Secretary of State for Scotland if he will make a statement on the economic prospects of Dundee.
§ Mr. Allan StewartDundee, and Scotland as a whole, should share in the continued growth forecast for the United Kingdom economy although as elsewhere this will depend on controlling costs and continuing improvements in productivity and efficiency.
In particular, Dundee should continue to benefit from the Dundee project, under which the Scottish Development Agency and the local authorities are acting together to develop new industrial and business opportunities in the city, and to promote its business 123W image. The project has already helped to create over 700 jobs and attract £15 million of private sector investment with further substantial commitments. The work of the Dundee project will be assisted by Dundee's development area status, and the presence of the Tayside enterprise zone.