We will agree the Islands Deal with both UK and Scottish Governments, with Shetland’s projects reaching full business case stage and significant investment flowing in from both Governments.
The Islands Growth Deal has been developed over a number of years by Shetland Islands Council, Orkney Islands Council and Comhairle nan Eilean Siar, together with public, academic, business and community partners.
It is a ten-year package of investment to drive economic growth and create sustainable jobs across the islands. There are 16 projects in total, including six for Shetland.
In March 2021, the Heads of Terms Agreement was signed with both UK and Scottish Government. Over the past year, outline business cases have been developed for all projects to the satisfaction of both governments, leading to the next key milestone, signing the Full Deal Agreement, in January 2023.
Beyond Full Deal, Full Business Cases will need to be prepared before projects can commence.
