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Mon September 28 2020

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Scotland publishes capital works plans

5 Dec 11 The Scottish government will this week publish an infrastructure pipeline of more than 50 specific projects and 30 programmes across Scotland.

The Infrastructure Investment Plan sets out the key capital investments that are expected to deliver economic growth, despite cuts to the Scottish government's capital budget.

Alex Neil, cabinet secretary for infrastructure and capital investment, argued for new borrowing powers so that the Scottish government could spend more.

Mr Neil said: "This week I will publish a plan to invest billions in more than 80 major capital projects and programmes that will keep Scotland's economy moving. They are all significant developments that will both boost growth, and deliver a lasting legacy that benefits generations to come. It will also provide crucial support for employment, with every additional £100m of capital we invest per year estimated to generate £160 million worth of economic activity and support 1400 jobs in the wider economy for that year.

Mr Neil said that the investment plan was, but added that: “It could go even further, if the UK government would go beyond the current insufficient Scotland Bill proposals on borrowing."

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