As announced today, 02 July, the Greenock project has secured £9.693m from the £1bn city deal. This will go towards the £19.193m cost of the development.
The balance of the Marine and Landside Works will be paid for by Greenock Ocean Terminal operator Peel Ports (£8m) and the George Wyllie Foundation via arts funder the Dunard Trust (£1.5m).
The development, which is scheduled for completion in summer 2020, will boost the number of cruise ship passengers welcomed to Scotland through the successful Greenock facility.
It will allow up to 150,000 passengers per annum to pass through Greenock Ocean Terminal, delivering £26 million in annual visitor and crew spend to the Scottish economy.
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The plans also include a purpose-built gallery celebrating the work of legendary Inverclyde artist George Wyllie and a restaurant with panoramic views across the Clyde.
The project is being led by Peel Ports and Inverclyde Council.
Peel Ports Clydeport Port Director Andrew Hemphill said: "The confirmation of City Deal funding comes as the Terminal celebrates its 50th birthday. This overall investment is crucial to the remarkable growth of cruise traffic to Greenock, allowing us to create a welcoming and comfortable environment for passengers.
"Year on year, we are building a major cruise business on the Clyde and, thanks to the success of Greenock Ocean Terminal, more people than ever are taking a cruise to Scotland."
Inverclyde Council Leader Councillor Stephen McCabe added: "The project is part of the Glasgow City Region City Deal and aims to boost the capacity at Greenock Ocean Terminal for cruise ships. The addition of a restaurant and Wyllie Gallery will help to provide a year-round attraction for visitors to Greenock and Inverclyde.
"As a key City Deal project, the new visitor centre at Greenock Ocean Terminal aims to make a significant contribution to economic growth and international tourism across the wider city region area."
Early stages of site work have begun on the overall project.
(CM/MH)
