DUNDEE Waterfront is predicting millions of pounds worth of building projects will start in the city during 2013.

The agency said work on the £45 million V&A is scheduled to begin next year along with a £30m flats development, a new £14 railway station and the conversion of Shed 25 at City Quay into offices.

Alongside those, the £32m Olympia Swimming Pool and new Malmaison Hotel are both expected to be completed next year.

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Mike Galloway, Dundee's director of city development, said the waterfront should reach half of its £1bn investment target during 2013.

Allan McQuade, business infrastructure director for Scottish Enterprise, said: "The progress to date has been very encouraging and 2013 promises to be an exciting year."