Political leaders have welcomed a study that found the V&A has been an economic boon for Dundee and Scotland.
V&A Dundee has created £75m economic boost – more than double what was anticipated, says study
Among those praising the design museum are Dundee City Council leader John Alexander and Scottish culture secretary Fiona Hyslop.
The research by Ekosgen and Reference Economic Consultants found a wave of money coming through Dundee and Scotland as a result of the museum opening in 2018.
Mr Alexander said: “I am delighted that this research confirms the positive impact V&A Dundee has had for the city and Scotland.
“Our stunning museum is now very firmly part of the cultural fabric of the city, with its design galleries and exhibition programme attracting locals and visitors alike in their hundreds of thousands.
“It has raised Dundee’s international profile and played a key part in record-breaking tourism figures.
“V&A Dundee is helping to create jobs and new economic opportunities for the city and the Tay Cities area.”
Ms Hyslop said: “V&A Dundee is a powerful symbol of Dundee’s new confidence and the strong future of design and innovation across our nation.
“In its first year it has far exceeded expectations for visitor numbers and proved an incredible success in boosting Scotland’s attractiveness to those looking for world-class cultural experiences.
“The Scottish Government provided £38 million towards the construction of the building and committed extra funding to support its first ten years of activity.
“It has more than proved its cultural value and I welcome this report highlighting the economic value of this flagship museum.”
Tim Allan, chair of the V&A Dundee’s board, said: “These economic impact figures are exceptional, and clearly show the huge impact that V&A Dundee has already had within its home city and right across Scotland.
“The museum is driving business confidence within Dundee and developing the city as an international tourism destination, both of which will develop in the coming years as everyone in the city continues working together to make this impact felt by all of our communities.”
