The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Tuesday, 17 January 2012

South Ayrshire Council welcomes Prestwick International Enterprise Area announcement

The Leader of South Ayrshire Council today (Tuesday) welcomed the Scottish Government’s announcement of Enterprise Area status for Prestwick International, which will boost the area’s potential to create new employment opportunities, stimulate investment and boost economic growth within the aerospace industry.

Prestwick International – together with Creative Clyde in Glasgow – will form one of the first Enterprise Areas in Scotland from April 2012, covering manufacturing and growth sector opportunities.

This means Prestwick International will benefit from specific incentives such as a possible reduction in business rates – the details of which have yet to be finalised – to encourage private investment at the site, which currently accommodates 12 companies in the Scottish aerospace industry.

Councillor Bill McIntosh, Leader of South Ayrshire Council (pictured above) said: “This is a fantastic boost for Ayrshire, and fully recognises the infrastructure, people and potential we have in our area to continue to grow the aerospace industry as it benefits from this new status.

“Improving access to employment and investment opportunities for people and businesses alike and stimulating economic growth are key commitments for our Council as we continue to work to become the best place for business, tourism and leisure. Enterprise Area status for Prestwick International will be an important factor in helping us achieve that.

“Prestwick International is already home to a number of world-class companies, and Enterprise Area status will make it even more attractive for other businesses to invest in this area. This in turn will help deliver very real benefits that will have a positive impact on our communities, and further contribute to sustained economic growth, not just for South Ayrshire but for the whole of Ayrshire.

“Enterprise Area status will confirm Prestwick International’s place as the home of the Scottish aerospace industry, and we look forward to getting to work with the other key partners involved to make this happen.”

Glasgow Prestwick Airport’s chief executive Iain Cochrane (pictured above) said: “We’re delighted to be part of this important Scotland-wide initiative, as aerospace is one of the UK's highest value-adding manufacturing sectors, and is particularly important to Ayrshire. We look forward to playing our part in boosting the economic growth, both of Ayrshire and Scotland.”

South Ayrshire Council is a Founder Member of the Elite Ayrshire Business Circle.

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