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Clyde Gateway to get £21.5m funding

The Clyde Gateway project is to receive more than £20 million of Scotland’s urban regeneration funding for its regeneration of Glasgow’s east end, it has been announced.

The project will receive £21.5m from the Scottish Government to regenerate the communities of Bridgeton, Dalmarnock, Parkhead, Rutherglen and Shawfield.

The amount takes up 69 per cent of the total Urban Regeneration Companies funding. Scotland’s housing and communities minister Alex Neil announced the funding allocation for Scotland’s URCs.

His announcement came after the Scottish Budget Bill allocated £31.1m for Scottish urban regeneration companies in 2011/12.

Riverside Inverclyde and Irvine Bay will each receive £4m, with Clydebank Rebuilt to get £1.6m.

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