Tayside and Central Scotland

Summit told of university's £740m economy boost

Dundee University
Image caption Dundee University supports over 8,000 jobs across Scotland

Dundee University supports £740m of turnover and 8,000 jobs in the Scottish economy, a summit in the city has been told.

Businesses, academics and public sector bodies are discussing the city's progress at the fifth Dundee Economic Summit on Thursday.

The university's principal, Prof Sir Pete Downes, told the event that one in twelve jobs in Dundee is supported by its activities.

More than 200 delegates are attending.

An economic and social impact study carried out by the Fraser of Allander Institute said the university supports over 8,000 jobs across Scotland as a whole.

The study said the university generates over £7 for the Scottish economy for every £1 of Scottish government funding.

Image copyright Chris Wilson
Image caption More than 200 delegates are attending the fifth Dundee Economic Summit

Prof Downes said: "We are absolutely central to Dundee and Scotland's ambitions, particularly in areas such as biosciences and healthcare, but also in culture, design and renewables.

"We attract students and staff from over 140 countries to the city and are helping to attract significant inward investment to Dundee and Scotland."

The summit, which is being held at the Apex Hotel and organised by the Dundee Partnership, will feature sessions on major projects including Dundee Port as well as the wider economy.

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