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Cumbernauld to benefit from £350m capital investment

Written by Scott Campbell.
 
 
 
 
 
Published at 20:39 GMT on Wednesday 20th March, 2013.
Picture is copyright of Scott Campbell/ Cumbernauld Media.

CUMBERNAULD will share in a council pot of nearly £350million, following a council announcement of infrastructure investment.

North Lanarkshire Council has announced that they intend to spend nearly £350million on major capital projects across the area over the next five years.

The decision was taken at a meeting of the Policy and Resources Committee on Thursday March 14, where councillors approved the composite capital programme until 2017/18.

 
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As a result, the money will be spent in a host of priority areas. Highlights include:

Roads, street lighting, bridges and flood prevention (£56m)
Open spaces and parks (£4m)
Regeneration projects and town centres (£13m)
Upgrading the current schools estate (£27m)
New schools under the Schools and Centres 21 programme (£173m)
Sport and leisure facilities (£10m)
Equipment and adaptations for care services users (£8m)
Investment in cemeteries (£2.5m)
Ravenscraig Tax Increment Financing (£10m)
Wishaw Hub (£7m)
Upgrades to Chilterns and Belhaven care homes (£4m)

The programme reflects the priorities under the Corporate Plan, also approved by the committee, which include improving schools, supporting economic recovery and environmental regeneration.

Councillor Jim McCabe, leader of North Lanarkshire Council, said: "These projects are vital to the future of North Lanarkshire and its people.

"Investment in new schools will rise to more than half a billion pounds since 2006. Not only do new schools ensure the best possible facilities for pupils and the wider community, they lead to employment and a boost to the local economy.

"We will spend £22m on our roads and nearly £6.5m upgrading our street lighting over the five-year programme, which will lead to safer streets.

"It's essential that we continue our ambitious investment in our town centres and make sure we do everything we can to make them vibrant places, and £6m will go directly towards achieving that aim.

"And, of course, I am particularly concerned with making sure we invest in equipment and adaptations and care homes, ensuring that we look after the most vulnerable people in our communities.

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