Millions of pounds of investment in HMNB Clyde is set to bring jobs, transport, leisure and business growth opportunities to Helensburgh, with an agreement signed between the UK Government, Royal Navy and Argyll and Bute Community Planning Partnership.
The MOD is investing hundreds of millions of pounds in developing HM Naval Base Clyde as the Royal Navy Submarine Centre of Specialisation.
This will see all UK attack submarines based in Argyll and Bute by 2020, and the eventual arrival of the Dreadnought class of ballistic submarines.
The development is expected to increase the number of personnel at HMNB Clyde to an eventual population of 8,200, with many choosing to live in the area.
The Memorandum of Understanding (MOU) signed today will see the signatories work together in delivering infrastructure and opportunities for Royal Navy families and local people to live, work and prosper together.
Witnessing the signing was Secretary of State for Scotland David Mundell, who said:
“The UK’s entire submarine fleet will be based at Faslane by 2020. This will reinforce Scotland’s vital role in protecting our country, and guarantee skilled, secure jobs on the Clyde for years to come.
We must ensure this investment in the base is also a catalyst for growth and regeneration in the wider community. Today’s agreement will deliver new housing and improved infrastructure, ensuring people in Argyll and Bute benefit directly from hosting the base.”