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Traditionally, Aberdeenshire has been economically dependent upon primary sectors such as agriculture, fishing and forestry, but over the last 40 years, the development of the oil and gas industry and associated service sector has broadened its economic base, and contributed to a rapid population growth of some 50% making a serviced office in Aberdeenshire an ideal location for your business.
A significant proportion of Aberdeenshire's working residents commute to Aberdeen City for work, varying from 11.5% from Fraserburgh to 65% from Westhill. The majority of Aberdeenshire’s employees work within the service sector, predominantly in public administration, education and health. Aberdeenshire's economy remains closely linked to Aberdeen City's and the North Sea oil industry, with many employees in oil related jobs.
There is significant energy related infrastructure, presence and expertise in Aberdeenshire. Peterhead is an important centre for the energy industry. Peterhead Port, which includes an extensive new quay with adjacent lay down area at Smith Quay, is a major support location for North Sea oil and gas exploration and production and the fast growing global sub-sea sector. The Gas Terminal at St Fergus handles around 15% of the UK's natural gas requirements.
Aberdeenshire's ports accounted for over half the total fish landings of Scotland and almost 45% in the UK. Peterhead and Fraserburgh ports, alongside Aberdeen City, provide much of the employment in these sectors. The tourism sector continues to grow, from the lively Cairngorm Mountain range, to the bustling fishing ports on the North-east coast, Aberdeenshire samples a bit of everything. With its rugged coastline and many sandy beaches, Aberdeenshire is a hot spot for tourist activity throughout the year.