Dundyvan project in Coatbridge 'to create 100 jobs'

Image of the Dundyvan project Up to 100 jobs will be based at the Dundyvan site in Coatbridge

A new business support centre is to be built on an industrial site in North Lanarkshire, creating up to 100 jobs.

The Dundyvan project in Coatbridge, which is being funded with £3.2 of public and private cash, will provide space for up to 16 companies.

In addition to the new jobs created by incoming small and medium-sized firms, another 12 full-time posts will be created during the construction phase.

Work at the site is due to get under way later this year.

Funding for the project was confirmed by Deputy First Minister Nicola Sturgeon, who said it would help stimulate economic growth across Scotland.

'Transforming communities'

She said: "This investment will transform a disused site into a modern business centre, which we believe will become a thriving home for local companies.

"Regeneration projects like these are absolutely fundamental when it comes to transforming our communities for the better."

The project is being funded by £2.1m from the Scottish Partnership for Regeneration in Urban Centres Fund, which has been established with Scottish government and European Regional Development Fund money.

A further £1.1m will come from North Lanarkshire Council-backed Fusion Assets and CBC Glasgow Ltd.

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