West Lothian Council is set to join forces with other local authorities to look into the economic benefits of being part of a proposed City Region Deal.
City Region Deals can unlock large-scale investment that it would not have otherwise been able to achieve.
City Region Deals aim to encourage economic growth by investing in key infrastructure projects. Investment is forward funded and the cost recovered through a share of the rise in increased tax revenue generated as a result.
West Lothian Council executive recently gave the go-ahead for council officers to explore the economic benefits of being part of a proposed City Region Deal.
The Council will work in partnership with Edinburgh, East Lothian, Midlothian, Fife and Scottish Borders councils in the preparation of a business case for a south-east of Scotland City Regional Deal submission.
A Glasgow City deal is in place and includes a £1.13 billion infra-structure fund for improving the transport network of Glasgow and the Clyde Valley, with the aim of improving public transport and unlocking development sites.
West Lothian Council leader, Councillor John McGinty, said: “No decision has been made as to whether this is a proposal that we would want to progress with in the future.
“I look forward to seeing the business case once it has been developed, as we need to ensure the City Region Deal offers the best possible value for West Lothian.”