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Low Carbon Investment Park in Fife

Work has commenced on the new £3.2 million Low Carbon Investment Park, located in Buckhaven. When complete the site will offer 10 ha of industrial and commercial land and forms a vital part of the Levenmouth Strategic Development Area, as well as being the second major phase of development with the new Levenmouth High School underway.

Led by Fife Council with a £1,826 million investment and with a £490,000 contribution from Scottish Enterprise, This development is supported by a £861,000 contribution from the European Union through the European Regional Development Fund.

Progressing from the success of the Energy Park Fife, this development will offer businesses within the energy sector the opportunity to locate beside one another, therefore attracting larger business investments.

Councillor Lesley Laird, Depute council leader and spokesperson for Economy and Planning said:

“It’s great to see work has now begun on the new business park for the Levenmouth area, which will have strong links to Energy Park Fife in offering manufacturers and supply chain businesses the opportunity to co-locate to an environment dedicated to those companies working within the energy sector. This new development will also benefit Fife and the Levenmouth area with the opportunity to create up to 600 new jobs. The new Investment Park has a significant role to play in the success of Scotland’s growing energy sector and making Fife the best place to do business.”

Levenmouth area committee chair Councillor Tom Adams added: “The new phase of the energy park will help the regeneration of the area and bring new jobs too. “Officers are also working closely with the local schools to develop learning opportunities for pupils. It’s great news work has now started and I look forward to seeing the development taking shape.”

Allan McQuade, head of business infrastructure at Scottish Enterprise, said: “we’re pleased to support a project which will boost capacity at Energy Park Fife and improve the offering to supply chain companies seeking to locate in the Fife area.”

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