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Working to transform our economy and society

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WE’RE only a couple of weeks into the new year but the Scottish government is already planning bold and ambitious action in 2020 to boost Scotland’s economy and long-term prosperity.

For example, we recently reached a major milestone for our Building Scotland Fund, with £100million of investment going into housing projects, regeneration and commercial and industrial developments.

That fund has unlocked projects with a value in excess of £238m and it’s a significant example of what can be achieved through the public and private sectors working together.

Here in Glasgow the fund is helping to revitalise the city centre with £12m going towards the refurbishment of a development in Douglas Street, creating jobs and much needed office space.

A key priority of the Building Scotland Fund is investment in housing. Large developments as well as those on a smaller scale have benefited from investment of £75m, which will help to support the delivery of more than 5000 homes and around 600 full time jobs.

The Building Scotland Fund is a precursor to the new Scottish National Investment Bank. This week the Bank reaches a key stage in its formation, as the Scottish Parliament is asked to agree the legislation that will underpin its operation.

The Scottish National........

© Evening Times