Edinburgh International Conference Centre secures £85m funding

Edinburgh International Conference Centre (EICC) has
secured £85m of funding from owner, City of Edinburgh Council, for its expansion
plans.

A meeting of
the full council gave unanimous backing to the funding for the meetings and events space and separate grade A office
building on a site adjacent to the EICC.

EICC will now direct principal contractor, Sir Robert
McAlpine, to start the new build before the end of July 2010 with completion
projected for December 2012.

“Our expansion space again raises the bar for Europe’s
most technologically advanced meetings and events venue and with construction work
about to begin our duty to our shareholder is to ensure that every major
international association and corporate event has Edinburgh on its future
destination shortlist,” says EICC’s chief executive, Hans H Rissmann
OBE.

Councillor Jenny Dawe says: “Edinburgh will now expand
its world-class international conference centre and strengthen its position in
the global business tourism marketplace. EICC has been a prize asset for the
people of Edinburgh and over the next 30 years the
expanded business is forecast to return an estimated £2.4bn of economic benefit
to the city”.

Meanwhile, VisitScotland’s Business Tourism Unit has
embarked on a marketing tour to bring more business tourism to
Scotland. Business Tourism, which
includes visitors who come for
conferences, exhibitions, meetings
and events, is worth £827m to the Scottish economy.

The team from VisitScotland is touring cities in the
North of England, visiting event and meeting planners. Taking eight businesses with it and
using a bus as the venue, the tour includes speed networking to enable
VisitScotland and its partners to demonstrate how well Scotland is geared up for
the conference and meetings
market.

Paul Colston

Author

Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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