The transformation of Dundee’s Waterfront is already having an impact with new hotels, businesses, retailers and entrepreneurs investing in the city. Developers, investors and companies across the entire business spectrum can still be part of one of Western Europe’s most extensive and transformative waterfront projects – come and discover Dundee.
V&A Dundee sits at the heart of Dundee’s revitalised waterfront – acting as a landmark and establishing the city as an international destination. The city’s visitor numbers were expected to increase, with three million additional visitors predicted between 2018 and 2028, generating significant additional income.
V&A Dundee had a £75 million economic impact across Scotland in its first year with £21 million to the Dundee economy, far exceeding the economic impact anticipated in Year 1. The museum has directly supported 696 FTE in Dundee and 2,143 across Scotland with an estimated additional 370 jobs have been created in Dundee by the museum opening. In addition, the V&A welcomed its 1 millionth visitor in February 2020.
Key economic sectors within Dundee include life sciences and healthcare, creative industries and digital media, tourism, energy, electronics, publishing, retail and education. Dundee is a young city with 51% of the population under 40 and a student to population ratio of 1:5 – the highest in Scotland. Dundee’s talent pool is skilled, multicultural and highly educated. The city has two world-class universities and an award-winning college and is renowned for being a centre of academic and research excellence.
The city has a stunning location on the banks of the River Tay, situated on the east coast of Scotland. It is a city with a vibrant arts scene, five star visitor attractions, an abundance of green space, easy access to premier ski locations and 60 golf courses within a 30 minute drive. Dundee is the first UK city to receive the UNESCO City of Design designation.
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