Dundee may be a small city, but it has a prosperous economy and a vast array of business opportunities. The creative industries alone provide £190 million to the city's economy, directly employing 3,000 people as of 2017. There are numerous further opportunities across industries such as tourism, manufacturing and digital tech.
The city's waterfront is currently undergoing a period of regeneration, worth over £1 billion in total. The development aims to target different industries, with projects included to boost growth in sectors such as residential and commercial property, leisure and entertainment, retail, creative industries, and manufacturing.
If you're considering investing in Dundee, or looking to expand your business in the area, take a look at the list above. We've used our company data to determine which businesses are currently turning over the biggest profits in the city, and the results provide a helpful and intriguing look into the local economy.
MoreTourism is another increasingly important industry for the city. In 2016, the number of visitors increased by 3.8%, generating a total of £155 million for the city's economy. The average stay was 3.5 nights, with daily spend sitting at almost £83. In total there were 836,150 visits during 2016, with an increase expected thanks to the range of developments currently happening across the city.
The digital tech sector is also flourishing in Dundee. The sector generated £181 million in 2017, up from £146 million in 2016. More than 2600 people are employed in the sector, and the industry continues to grow thanks to the support available for start ups from the local universities, along with the highly-skilled and diverse range of talent available.
