Alan Reid MP has welcomed news of the Lorn Arc programme which will see £18.9 million invested in the area by Argyll and Bute Council in coming years.
"Along with private sector money this project expects to bring a total of £40 million into the Oban and Lorn area," said Mr Reid, "and this has to be good news. The aim is to turn Oban into a hub for business and the plans for a business park at Oban Airport are exciting, with the potential to create more than 1,000 jobs."
The plan is to build commercial, business and retail space.
"There will be plenty of opportunity for more people to find out what we in Argyll already know: that this is a great place to live, work and build a business,' said Mr Reid