AECC will help boost economy
Scottish Enterprise injects £10m in Aberdeen venue
Over the next ten years it is expected to attract 4.5 million visitors spending £113m and adding £63m net gross value added to the Scottish economy.
Scottish Enterprise wants to secure a sizeable slice of the business tourism market in the north east and help build on Aberdeen City Council’s broader plans for weekend visitors.
The new centre will:
- Provide four times the current exhibition space
- Double the seated entertainment arena to 10,000
- Secure an additional 31,000 business tourists to Scotland
- Lead to an additional £11m of visitor spend per annum
- Elevate Aberdeen into the top 5 of global competitor energy cities for conferences and exhibitions.
The £207m centre will also enhance Scotland’s portfolio of business tourism venues which includes the SSE Hydro and the Edinburgh International Conference Centre.
Deputy First Minister John Swinney said: “The Scottish Government is keen to promote Aberdeen as a focus for international investment and events. This new investment in the AECC will provide world-class facilities that will serve Aberdeen city and shire, and Scotland, for years to come.
“Scottish Enterprise has supported a range of major infrastructure investments in recent years in order to maximise the economic return for Scotland and this new facility will provide a valuable asset, significantly strengthening the capacity to attract international conferences to the city.”
Lena Wilson, chief executive of Scottish Enterprise, said: “The new AECC is a great example of a project where we can add value not just by providing funding but by using our experience and networks across the country to get better impact for the North East.”
Leader of Aberdeen City Council, Cllr Jenny Laing said: “This funding is a welcome indication of the confidence Scottish Enterprise has in Aberdeen as a growth generator not just for the North East of Scotland but for the UK as a whole.”