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Scotland receives £205 million for construction projects

2 January 2013 No Comment

Construction and maintenance projects for Scotland during 2013-14 have been given the green light after a £205 million funding package was announced.

glasgow-construction-1Image source

Jacksons-security.co.uk believes the UK government’s generous commitment will help to significantly improve a host of the country’s major attractions, with new buildings representing Scotland’s ambitions for sustained growth in years to come. It’s thought the announcement will also create 2,000 construction jobs around the country.

The top allocations include £50 million for housing, £22 million for transport and regeneration projects, £19 million for further and higher education and £11 million for economic development projects.

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Image source

Construction of green buildings powered by renewable sources

Speaking of the plans for housing, Alex Ferguson, director of Scotland’s Chartered Institute of Housing, said focus would be applied to providing affordable properties. However, the institute was still waiting to hear of the specific plans for its sector – which could include the construction of green buildings powered by renewable sources of energy.

Sunny bridge in Glasgow, United Kingdom

Other areas of spend include £10 million for the maintenance of the justice system estate and almost £7 million for culture and heritage projects.Constructionenquirer.com says over £7 million will also go into constructions to boost the country’s national parks and tourism.

Strengthen the foundations of the Scottish economy over the long term

Welcoming the news, finance secretary John Swinney said that a number of “shovel ready” projects could now be set to take forward with immediate effect.

“The range of projects for this year and next will see jobs created across Scotland, provide an immediate boost to Scotland’s construction sector giving a firmer basis to the so far fragile recovery and strengthen the foundations for our economy over the long term,” he added.

Author: Richard Towey   Date Written: 2 January 2013

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