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Stantec helps secure £90 million to regenerate communities in Falkirk and Grangemouth

Stantec plays an integral role in obtaining funding for the Falkirk Grangemouth Investment Zone Growth Deal

07/22/2020 FALKIRK; SCOTLAND TSX, NYSE:STN

Stantec has provided fundamental support to help Falkirk Council secure £90 million of funding for the Falkirk Grangemouth Investment Zone Growth Deal from the Scottish and UK Governments.

The funding will drive inclusive, clean, and transformational economic growth locally, regionally and nationally, enabling the Falkirk Grangemouth Investment Zone to become ‘a dynamic and distinctive area at the heart of Central Scotland’.

The development will follow key themes to champion innovative Industry, enhance national infrastructure, and create greater places; themes which will benefit local communities by offering improvements including new sustainable travel links, increased tourism, and a new rail station. It is hoped that the delivery of the investment zone strategy will drive the creation of an additional 6,000 jobs and boost the economy by some £400 million annually.

Stantec developed the vision and supporting strategy for the funding submission before compiling the formal submission to Government in October 2019. The Stantec team was led by the Planning and Economics team in Scotland and also called on the multidisciplinary skills of the Transport and Energy teams. Stakeholder management played a crucial role in the success of the funding submission and Stantec developed strong relationships with Scottish Enterprise, Scottish Futures Trust, their partners and local businesses to bring the successful Growth Deal together.

Commenting on the role Stantec played, Laura McIntyre, Principal Economic Development Officer, Falkirk Council said, “Stantec’s team bring business case, strategy and economic development skills to the table and have been a constant in the evolution of the Falkirk and Grangemouth Investment Zone. They adopted an inclusive approach from the beginning and it has been a very positive experience working with them. We think of them as a part of our team.”

In January 2020, the Investment Zone Growth Deal bid was presented. The event, sponsored by Stantec and opened by Michael Matheson MSP, the Scottish Government Cabinet Secretary for Transport, Infrastructure and Connectivity, detailed the individual themes for the Growth Deal and was attended by a wide range of public, private and community stakeholders.

The Investment Zone is based on Scotland’s largest concentration of chemicals manufacturing and refining capacity and its largest container port. It will deliver against key Scottish and UK Government policy objectives and strategic priorities; furthering delivery of the UK Industrial Strategy, Scotland’s Economic Strategy and an ambition for ‘net zero emissions’ by 2045.  

About Stantec
Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That's why at Stantec, we always design with community in mind.

We care about the communities we serve—because they're our communities too. This allows us to assess what's needed and connect our expertise, to appreciate nuances and envision what's never been considered, to bring together diverse perspectives so we can collaborate toward a shared success.

We're designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.

Stantec trades on the TSX and the NYSE under the symbol STN. Visit us at stantec.com or find us on social media.

Media Contact                                               
Jody Prescott                                                             
Stantec Media Relations                               
Ph: (44) 1189-520670                                       
jody.prescott@stantec.com

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