North Lanarkshire reveals £500m investment plans

North Lanarkshire Council has announced it will invest £500m over the next five years to reshape its towns and communities.

The council’s new £500m strategic capital investment programme, recently agreed at the council’s policy and strategy committee underlines the commitment to create and maintain jobs and assist the recovery of the local economy and beyond.

This programme, combined with planned housing investment and the City Deal will see a total investment of £1.2bn.

The five-year plan will help deliver ambitious regeneration proposals that will transform town centres into vibrant multi-use spaces, develop business and retail opportunities, improve housing, develop local and community hubs, enhance local services and leisure and green spaces.

‘Our capital investment programme will allow us to build and develop exciting new opportunities for our communities and businesses,’ said executive director of enterprise and communities, Robert Steenson.

This last year has been so difficult for everyone with the global health pandemic and we need to focus on recovery and building back better to support our communities.

‘We’re well placed to see our economy recover as we look to the future beyond the current Covid-19 pandemic and are progressing with our ambitious investment programme in housing, town centres, commercial developments as well as major road, active travel and digital infrastructure improvements to make North Lanarkshire the place to live, learn, work, invest and visit.

‘There are so many exciting projects underway and this investment programme will help us transform and reinvigorate our towns and communities, bringing substantial benefits for local people.’