£46.3bn investment pipeline mapped across Aberdeenshire

More than £46.3 billion of planned investment across over 130 projects has been identified for Aberdeen and Aberdeenshire, spanning energy, digital technology, transport, housing, regeneration, tourism, healthcare, and education.

The figures come from the eighth edition of Aberdeen & Grampian Chamber of Commerce’s Aberdeen City Region Investment Tracker, which also records more than £10.1 billion of projects completed since 2017.

Biggest projects include energy, AI, and transport

Energy remains the largest part of the future pipeline, but the tracker points to substantial investment beyond the sector.

Among the biggest projects identified are:

• £8.6 billion SSEN Transmission investment programme across Aberdeen and Aberdeenshire
• £6 billion proposed AI data centre campus at Blackdog
• £4.4 billion Ossian floating offshore wind farm
• £3.51 billion MarramWind offshore wind development
• £3 billion A96 dualling between Aberdeen and Inverness
• £2 billion Cenos offshore wind farm
• £1.6 billion Bellrock offshore wind farm
• £1.6 billion Jackdaw gas project
• £1.1 billion Acorn Transport and Storage project

SSEN Transmission’s programme alone is expected to support around 2,700 local jobs and generate an estimated £1.6 billion of spending with Aberdeenshire businesses, according to the Chamber.

The proposed Blackdog development, north of Aberdeen, would add another major strand to the region’s economy if delivered, with plans for a £6 billion AI data centre campus.

Supply-chain investment is also continuing elsewhere in Scotland, with Subsea Micropiles planning a £5 million manufacturing expansion at Montrose Port.

Investment extends beyond the energy sector

The Investment Tracker also includes almost £1 billion connected to the North East Scotland Investment Zone, alongside transport and regeneration projects across the city and surrounding region.

Aberdeen Rapid Transit proposals are valued at £323 million, while the Fraserburgh Harbour masterplan carries an estimated value of £300 million.

City-centre plans include:

• £53 million for an international food market at the Green
• £43 million of improvements around Castlegate and Union Street East
• £27 million of public-realm work around Union Street Central

The overall pipeline also includes housing, tourism, health, education, and other infrastructure projects.

More than £10bn of projects already completed

The tracker is not limited to future proposals. Aberdeen & Grampian Chamber of Commerce says more than £10.1 billion of projects included in earlier editions have been completed since 2017.

Projects completed between February 2025 and August 2026 include the £2.5 billion Moray West Offshore Wind Farm, the first £58 million phase of Aberdeen Beach Park, the £40 million Boskalis Remote Operations Centre, and the £27 million ONE SeedPod food and drink innovation hub.

That completed investment provides some context for the much larger future figure, although the £46.3 billion total should be viewed as a pipeline rather than money already committed or spent. Several projects still depend on planning, financing, consenting, policy decisions, or final investment approval.

Chamber calls for focus on delivery

Russell Borthwick, chief executive of Aberdeen & Grampian Chamber of Commerce, said the breadth of the pipeline showed that planned investment was no longer centred solely on the region’s traditional energy industry.

The Chamber said faster planning and consenting, improved connectivity, and a competitive environment for energy investment would be important if the projects are to progress from proposals into delivery.

The Investment Tracker is produced by Aberdeen & Grampian Chamber of Commerce in partnership with Balmoral Group and Invest Aberdeen.