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Search the Public Notice PortalThe Scottish Marine Technology Park (SMTP), which aims to bring over 1,000 jobs to the area, has secured millions of pounds in funding.
The project, on the banks of the River Clyde at Old Kilpatrick and led by the Malin Group, has been awarded £4.2million from the Regeneration Capital Grant Fund to support site remediation and development.
The site, a former oil refinery, will be transformed into a hub for marine engineering and innovation.
It is expected to create 600 construction jobs and 1,000 long-term skilled positions once operational.
Councillor William Rooney said: "I welcome this significant investment in the remediation of the former Carless Oil Refinery site and its redevelopment as a centre of excellence.
"SMTP represents a major opportunity for Clydebank, fostering innovation in the naval sector while preserving the town's proud shipbuilding legacy for generations to come."
The park will feature large-scale fabrication facilities, a deep-water jetty, and a 1,100-tonne ship hoist, which will be the largest in Europe.
It is expected to contribute £125.4 million annually to the local economy.
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Developers of new marine park say site will bring £125m to locals
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The funding was confirmed during a recent meeting of West Dunbartonshire Council, where members discussed the General Services Capital Plan and investment in key assets.
The Scottish Marine Technology Park aims to bring together industry leaders to drive marine manufacturing and innovation.
The project also includes a strong focus on research and development in partnership with universities and other organisations.
In addition to its economic benefits, the park will support efforts to advance sustainability in the marine sector through collaborative research and technology development.
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