The country's latest proposed enterprise area which is home to a number of life science companies could see employment boosted by another 180 new jobs in the next five years, according to the Scottish Government.
The First Minister announced plans to designate BioCity in North Lanarkshire as an enterprise area earlier this month, together with the extension of existing zones until 2010.
Nicola Sturgeon said a potential 1,800 jobs could be created by extending the status of all existing zones, based on growth rates already seen across the 15 enterprise areas.
She toured the BioCity site today with Deputy First Minister John Swinney as part of a visit to neighbouring Coatbridge for the latest in the Scottish Government's series of travelling cabinets.
Ms Sturgeon said: "Enterprise areas in Scotland at sites like Irvine and Edinburgh's Bioquarter are already doing a terrific job creating new economic opportunities, new partnerships with education and - most importantly - new jobs across the country.
"Here at BioCity we expect to see up to 180 new jobs - highly skilled and high-value jobs in an area where we are continuing to work hard with partners to make sure the benefits of economic growth are felt across the board."
Four enterprise areas across 14 sites in Scotland were created more than three years ago, focusing on manufacturing, life sciences and low-carbon renewable energy sectors.
Businesses receive incentives tailored to the individual characteristics of each site, with the majority benefiting from business rates discounts and some offering streamlined planning, high-speed broadband, international marketing assistance and skills and training support.
Dr Diane Harbison, managing director of BioCity Scotland, said: "The boost that having enterprise area status will give to BioCity Scotland is huge.
"Businesses based here will now be able to take advantage of business rates relief, faster planning applications, skills support and assistance in accessing international markets.
"We are already home to some potentially world-class life science businesses and we hope that this announcement will help us attract even more, bringing with them more high quality jobs for the area."
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here