Housing Minister Margaret Burgess announced the extra funding for the Clyde Gateway project in Glasgow's east end on Sunday, 13 March.
The additional cash will be used to support development of vacant and derelict sites in Dalmarnock, Rutherglen and Shawfield.
Plans are in place to build new business units and factories to provide local employment opportunities and create sustainable, social and economic growth.
-- Advertisement --
Mrs Burgess said it was "vital" to continue regenerating South Lanarkshire and Glasgow's east end.
"We have taken care to ensure the transformation is more than an urban makeover. Its purpose is to tackle inequalities, create jobs and opportunities, ultimately improving the lives of those who live in the area," she said.
Ian Manson, Chief Executive of Clyde Gateway, added: "This additional funding from the Scottish Government, together with the commitment given to our long-term future, will be welcomed right across the east end and South Lanarkshire.
"This is a reward for the hard work we have been putting in, together with our two council partners, Scottish Enterprise and with the support of the local community, to ensure the Clyde Gateway regeneration has a clear and immediate impact."
(LM/MH)
