Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Scotland outlines £205million shovel-ready projects

  • Comment

Scottish construction projects worth £205million, including a raft of residential schemes, were given the green light today (20 December)

Finance Secretary John Swinney said that the capital projects, including £50 million for housing, would take place throughout 2013 and 2014.

The announcement comes just weeks after Swinney wrote to chancellor George Osborne calling for a boost to capital in investment to ensure Scotland’s full recovery from the financial crisis. It followed a 33 per cent cut to Scotland’s capital budget by the UK government.

As well as the housing windfall, the plan includes £44million for transport and regeneration projects, £19million for education, £11million for economic development projects, £10million each for maintenance of health and justice facilities and £14 million for forestry, tourism, culture, heritage and national parks.

Swinney said: “The range of projects for this year and next will see jobs created across Scotland [and] provide an immediate boost to Scotland’s construction sector.

“I welcome the fact that, after four years, the UK government has now listened and made £394 million additional capital available up to 2014-15, reducing the cut to Scotland capital budget to 26 per cent.

“This is partly undermined, however, by a reduction in our resource budget, giving us a net gain of £330 million in total.”

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.