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Scots Budget to focus on construction
11 September 2012
The Scottish government’s upcoming Budget will look to further grow the construction industry to deliver economic growth.
Finance Secretary John Swinney has identified infrastructure investment as a key driver of economic growth and has promised to follow up the country’s recent focus on infrastructure projects in next week’s Budget.“As I prepare our Budget for growth I am actively exploring what more this government can do to boost jobs and growth in the construction industry,” said Swinney.
In March, the Scottish Futures Trust revealed plans to have over £1.2bn non-profit distributing schemes (Scotland’s version of PFI deals) under procurement over the next 12 months.
It also revealed plans to develop more tax increment financing schemes to unlock £2.5bn of private sector investment.
The latest Scottish Budget and the country's infrastrucutre plans will be discussed at next month's Financing Scottish Infrastructure event. For more information, click here.
