Dundee's V&A museum 'worth £ 75m a year' to Scottish economy

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The V&A Dundee museum had a £75m impression on the Scottish financial system last 365 days, in step with analysis for the museum.

The resolve is wisely in procedure over the £23m enhance it used to be expected to love.

Museum visitors were also discovered to were value £21m to the Dundee financial system – beyond the £10m expected impression.

The researchers like attributed the figures to better than anticipated visitor numbers and an increasing share of in one other country visitors on longer journeys around Scotland.

A total of 833,015 folks were estimated to love visited the museum at some stage within the watch period of the 12 months following its opening in September 2018.

The watch, by consultancy agency Ekosgen, claims the museum supported the the same of 696 jobs in Dundee, with 2,143 across Scotland.

Philip Long, director of V&A Dundee, stated the figures highlight the cost of investing in cultural centres.

“This unusual analysis exhibits very powerfully how V&A Dundee has had broad financial advantages, inner our personal city and across the total country,” he stated.

“It demonstrates the cost of investing in world-class cultural centres treasure V&A Dundee to enhance tourism and carry out jobs, as properly as the distinguished contribution the museum is making as a cultural establishment selling carry out creativity.”

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Culture Secretary Fiona Hyslop stated the museum had “better than proved” its cultural cost.

“In its first 365 days it has a ways exceeded expectations for visitor numbers and proved an unparalleled success in boosting Scotland’s attractiveness to these purchasing for world-class cultural experiences.

“The Scottish govt offered £38m in direction of the constructing of the constructing and committed extra funding to enhance its first 10 years of process.

“It has better than proved its cultural cost and I welcome this chronicle in highlighting the financial cost of this flagship museum.”

Tim Allan, chairman of V&A Dundee’s board, stated the position has helped to pressure commerce self belief within town.

“These financial impression figures are distinctive and clearly prove the broad impression that V&A Dundee has already had inner its house city and valid across Scotland,” he stated.

“The museum is utilizing commerce self belief inner Dundee and creating town as an world tourism shuttle position, each of that will make within the upcoming years as each person within town continues working together to carry out this impression felt by all of our communities.”

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