UK Government invests £3.5m in Ayrshire

Secretary of State for Scotland, David Mundell

UK Government invests £3.5m in Ayrshire

Secretary of state for Scotland David Mundell has announced UK Government funding for HALO regeneration project in Kilmarnock.

The UK Government will invest £3.5m in the HALO project at the former Diageo bottling plant, which will strengthen Ayrshire’s economic prospects, create almost a thousand jobs, and benefit local businesses and residents.

David Mundell said: “This £3.5m investment, part of the UK Government’s industrial strategy, will help create an innovation hub at the heart of this ambitious regeneration project. The scheme has huge potential to transform the Ayrshire economy, drive businesses innovation and attract new talent to the region.”

The innovation hub will foster the next generation of entrepreneurs, with a strong focus on innovation, digital skills, and cyber security.

The wider project will see the first commercial deep geothermal heat pump installed in the UK in nearly thirty years, providing green energy at below-market prices to nearby homes and businesses.

It will also create new office space and retail areas which will attract dynamic businesses into Kilmarnock, as well as affordable homes.

The UK Government’s Industrial Strategy is helping industry succeed and supporting the private sector in achieving ambitious projects which can have a transformative impact in their local economies.