Funded by the UK and Scottish Governments, the Deal, one of the largest and most advanced in the UK, has delivered over £550 million in local infrastructure investment to date across the eight local council areas and is estimated to have attracted more than £880 million worth of follow-on investment since 2014.

 Council Leader Councillor Jim Logue said: "Glasgow City Region is assisting North Lanarkshire Council to invest in roads, infrastructure and transport links which will create jobs and attract new businesses and industry across the authority.  In addition, these projects will also deliver training opportunities for residents and support other businesses in the supply chain, thus maximising potential in the local economy."

In the last decade, North Lanarkshire has benefitted significantly from City Deal investment, contributing to the delivery of key projects including the creation of MediCity beside the M8, construction of the Glenboig Link Road and the new transport hub at Motherwell Station.

It's also supporting construction of the East Airdrie Link Road, access work to regenerate the Ravenscraig site, and improving active travel links between communities and employment areas along the M8.

Projects delivered through the City Deal include the Govan-Partick Bridge which has recorded over one million crossings in its first year of operation, while just further down the Clyde the Renfrew Bridge has begun welcoming pedestrians and vehicles, both projects unlocking new opportunities for investment and regeneration.

Additionally, more than £159 million worth of City Deal contracts have been awarded to local businesses, and thousands of community benefits secured including 367 jobs and apprenticeships, and more than £177,000 worth of support for community projects.

The report comes after the City Deal programme passed its second formal UK and Scottish Government Gateway Review, unlocking a further £300 million in funding, which commended Glasgow City Region for its strong governance, robust programme management and effective delivery.

The Region is also making strong headway on the 12 programmes set out in the Regional Economic Strategy, with advances in skills, inclusive growth, housing retrofit and electric vehicle charging rollout. This includes significant progress in the Campaign to Make Glasgow City Region a Living Wage Place, with more than 1,360 employers now Living Wage accredited in the Region and plans to deliver more than 3,000 new electric vehicle charging points across the Region.

Significant strides have been made in strengthening Glasgow City Region’s innovation economy, including the recent announcement of at least a further £30 million funding from the UK Government through the Local Innovation Partnerships Fund (LIPF) to unlock local innovation and grow the economy.

The £160 million Investment Zone continues to gather pace, with confirmation of its focus on the Advanced Manufacturing sector – targeting the space, maritime and semiconductor sub-sectors across six short-listed projects.

The Innovation Accelerator has also seen a £30 million funding extension – supporting projects such as the world’s first ‘chemputation’ facility in Maryhill, which will create 60 new jobs and safeguard 50 existing roles.

And the Innovation Action Plan, launched at the end of 2023, has seen key progress in the last year including the creation of the Glasgow Economic Leadership Innovation Group.