Via Kristy Dorsey
Work on the project, which has been described as the most risky financial factor in the plans to construct a maritime technology center that is expected to create nearly 1,000 jobs on the banks of the Clyde, is expected to begin in the first quarter of next year.
The announcement of nearly 2 million pounds of public funding earlier this week would enable construction to begin on the quay at the Old Kilpatrick site, which will house the new 47-acre Scottish Marine Technology Park, Malin Group CEO John MacSween said (SMTP). Approximately half the cost of the first phase of the quayside construction will be covered by £ 1.98 million from the Scottish Government’s Clyde Mission initiative to West Dunbartonshire Council, and further funding is expected to be released early in the new year.
The first phase of construction, covering approximately nine acres, will build infrastructure that will make it possible for potential park visitors to ship imported goods by sea. The opportunity to start pile driving “massively de-risked” the whole project, Mr. MacSween said, and offered the first “tangible support” for the plans.
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“We are very pleased with the support the park has received in this latest step,” he said. We are delighted with the potential offered by the Marine Technology Park to the Scottish marine industry, local residents and the wider economy.
“When completed, the SMTP will provide new jobs for previously unimagined local residents, while attracting new organizations and sustainable, green work to the Clyde to create a thriving, inclusive and progressive working community.”
If completed, the SMTP will include many large production facilities, space for a number of smaller suppliers, and a deep-water jetty with a 1,100-ton boat lift, Europe’s largest of its kind. It is expected to be completed in 2024 as a center of excellence for marine engineering and complex production of ships.
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As part of a £ 11 million capital grant programme for 12 projects that will build jobs and help communities along the Clyde, the government funding was revealed on Monday. It is part of the stimulus package to encourage economic recovery from the impacts of the pandemic of Covid 19.
The Malin Group of marine engineering companies, operated by Mr. MacSween and his two fellow executives, purchased in 2017 the site of the former Carless oil storage facility in Old Kilpatrick.